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People have different preferences for performing entrepreneurial activities. These differences can be influenced by actions of the state. Special attention is paid to examine the individual behavior in choosing employed work or entrepreneurial activities. Individual supply of entrepreneurial...
Persistent link: https://www.econbiz.de/10012723780
The all-inclusive system has been highly developed in different countries of the Caribbean. This paper shows a comparative analysis of two established destinations such as Cancun and Puerto Plata in order to know the sociodemographic profile and valuation of the all-inclusive system of tourists...
Persistent link: https://www.econbiz.de/10012906941
Indian country in the United States is incredibly poor. Indian nations desperately need to develop reservation economic activities. Most tribal governments, however, are primarily focused on developing tribally owned businesses. This article argues for Indian peoples and governments to revive...
Persistent link: https://www.econbiz.de/10012898776
In finance, decision making and choice requires that we assume that asset prices tend to trend. This assumption also … progression of logic illustrates how decision making and choice requires the assumption that asset prices tend to trend …
Persistent link: https://www.econbiz.de/10013049923
will make the choice in a two steps two approaches’ way. Suppose in the market, there are 40 brands of bread and 30 brands … of clothing. At the first step, consumer will make a choice by attribute, choosing the best bread by nutrition, and … choosing the best clothing by warmth keep ratio. At the second step, consumer will make a choice by utility, choosing a bundle …
Persistent link: https://www.econbiz.de/10013212081
Spanish Abstract: Este artículo considera algunas teorías y formas en las que algunos científicos y economistas modernos han afirmado que podría surgir una “nueva economía”; el cambio de la manufactura de los servicios, la transformación tecnológica y los mercados laborales flexibles...
Persistent link: https://www.econbiz.de/10013212708
This paper proposes a new axiomatic model of intertemporal choice that allows for dynamic inconsistency. We weaken the …
Persistent link: https://www.econbiz.de/10013078264
, simplifying their choice process. For instance, in the case of a list he or she can use the order in which alternatives are … represented to make their choice. In this paper, we model representations and decision procedures operating on them. We show that … choice procedures are related to classical choice functions by a canonical mapping. Using this mapping, we can ask whether …
Persistent link: https://www.econbiz.de/10012698098
Current neoclassical microeconomic theory of rational consumer behavior affirms a unique consumer price-quantity relationship under conditions associated with monopolistic competition. Inverse demand will be just as own-price elastic as demand in the neighborhood of the limit state, while demand...
Persistent link: https://www.econbiz.de/10013313809