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Without transparency, trade agreements are just words on paper. Transparency as disclosure allows economic actors and trading partners to see how rules are implanted; transparency in decision-making ensures fairness and peer review. In the first section of this paper, I discuss the logic of...
Persistent link: https://www.econbiz.de/10011115020
Decision making in the WTO has become ever more difficult as the number of members increases and the range of issues tackled broadens. This paper looks at reasons why aspects of decision-making might be changed and discusses a number of potential pitfalls that change would have to avoid, such as...
Persistent link: https://www.econbiz.de/10011115091
This study provides experimental evidence, using a large sample of 2894 individuals recruited via business media websites, about the impact of demographic attributes within entrepreneurial teams on funding decisions by external capital providers. In previous work the role of diversity with...
Persistent link: https://www.econbiz.de/10011116882
We investigated in the laboratory whether gender differences in decisions made under uncertainty without information on decisions of equally informed others are robust to the availability of that information. Participants specified in each of at most 60 periods four capital volumes making up the...
Persistent link: https://www.econbiz.de/10011116885
This paper describes a participatory and collaborative process for formalising qualitative data, using research from southeast Cameroon, how these results can provide input to an social simulation model, and what insights they can provide in better understanding decision-making in the region....
Persistent link: https://www.econbiz.de/10011158398
The dynamics of expansion and retreat of a network are detailed in the example of the birth and demise of party–state systems. This systemic network is described with the help of the interactive party–state (IPS) model through the interrelationship of individual party–state and economic...
Persistent link: https://www.econbiz.de/10011058578
The dynamics of a two-state decision-making model (DMM) with a tunable control parameter K is described. On all-to-all (ATA) networks, the system undergoes a phase transition at a critical value of Kc=1. Scale-free networks were also found to undergo phase transitions, but the value of Kc...
Persistent link: https://www.econbiz.de/10011059252
A probability weighting function w(p) for an objective probability p in decision under risk plays a pivotal role in Kahneman–Tversky prospect theory. Although recent studies in econophysics and neuroeconomics widely utilized probability weighting functions, psychophysical foundations of the...
Persistent link: https://www.econbiz.de/10011060889
This paper, through the vignette of a three-year old boy's case, examines how child welfare workers in three countries, Norway, England and the United States (California), decide whether to recommend forced adoption. Legislation and policy recommendations for the termination of parental rights...
Persistent link: https://www.econbiz.de/10011064800
Involvement with child protective services (CPS) is common among families experiencing inadequate housing conditions. As with other issues of material deprivation, inadequate housing is an area where the distinction between neglect and poverty is difficult to ascertain, and the response of the...
Persistent link: https://www.econbiz.de/10011064811