Results 71 to 80 of about 154,449 (307)

Climate Policy under Sustainable Discounted Utilitarianism [PDF]

open access: yes
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for ...
Geir B. Asheim, Simon Dietz
core  

How Does Cultural and Colonial Heritage Affect Optimal Branding Strategies? Evidence From the Rice Sector in Senegal

open access: yesAgribusiness, EarlyView.
ABSTRACT Africa's cultural and colonial heritage has profoundly segmented rice markets. Whereas in ancient centers of rice domestication, consumers maintained preferences for local rice consistent with their cultural heritage, preferences have shifted toward imported Asian rice in coastal areas around seaports, due to prior exposure to colonial import ...
Kofi Britwum, Matty Demont
wiley   +1 more source

Welfare Foundations of Discounting [PDF]

open access: yes
We investigate whether temporal preferences expressed as a sum of discounted consumption utilities can be derived from a welfare representation in the form of a sum of discounted total utilities.
Sáez-Martí, María   +1 more
core  

Price Premiums for Single‐Name and Compound‐Name Geographical Indications in Swiss Cheese Trade

open access: yesAgribusiness, EarlyView.
ABSTRACT Geographical indications (GIs) have become increasingly important in agri‐food markets, especially in Europe. For Swiss cheese imports and exports, we analyze whether GIs are associated with higher trade prices. We find that price premiums can be obtained for both exports and imports. However, this is only the case for cheeses with single name
Judith Irek
wiley   +1 more source

Predicting utility under satiation and habituation [PDF]

open access: yes
We introduce a modification of the discounted utility model that accounts for both habituation and satiation in intertemporal choice. Habituation level and satiation level are state variables that induce changes in preferences as those states vary.
Baucells, Manel, Sarin, Rakesh K.
core  

Encoding of Marginal Utility across Time in the Human Brain [PDF]

open access: yes, 2009
Marginal utility theory prescribes the relationship between the objective property of the magnitude of rewards and their subjective value. Despite its pervasive influence, however, there is remarkably little direct empirical evidence for such a theory of
,   +7 more
core   +1 more source

Price Transmission During Promotions: A Case Study of Spanish Milk Brands

open access: yesAgribusiness, EarlyView.
ABSTRACT Price promotion is the marketing tool typically used by retail brands to boost sales and gain market share. In this paper, we intend to investigate the price transmission mechanism among competitive brands in Spain when price reductions that are associated with price promotions take place.
Yasmine Bedoui   +2 more
wiley   +1 more source

A value function that explains the magnitude and sign effects [PDF]

open access: yes
Two of the anomalies of the exponentially discounted utility model are the 'magnitude effect' (larger magnitudes are discounted less) and the 'sign effect' (a loss is discounted less than a gain of the same magnitude).
Ali al-Nowaihi, Sanjit Dhami
core  

Staging an Experience of Cultural Heritage Preservation: Consumers' Willingness to Pay for Heirloom Rice in the Philippines

open access: yesAgribusiness, EarlyView.
ABSTRACT The Cordillera Administrative Region in the Philippines is home to terraced rice embedded in centuries of cultural heritage. However, weak market incentives threaten sustained production, jeopardizing indigenous communities' cultural heritage and the in situ biodiversity of rice genetic resources.
Kofi Britwum, Matty Demont
wiley   +1 more source

Evaluating Urban Park Utility in Seoul: A Distance-to-Area Discounting Model

open access: yesLand
This study proposes a novel method to assess urban park accessibility by incorporating perceived utility based on both park area and distance. Departing from conventional models that treat accessibility as a function of geometric proximity alone, we ...
Gyoungju Lee, Youngeun Kang
doaj   +1 more source

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