Results 121 to 130 of about 8,605,469 (380)
Abstract The primary objective of this study was to investigate whether the cost of processing cotton using high‐speed roller gins is comparable to saw gins. The results from a “true” random effect model estimated using proprietary data voluntarily shared by cotton gins operating in Arizona and California showed that the average cost inefficiency for ...
Ram N. Acharya+4 more
wiley +1 more source
Behavioral economics as applied to firms: a primer [PDF]
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behavior in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care ...
Armstrong, Mark, Huck, Steffen
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Risk Aversion and Preference for Store Price Format
When choosing among retail store formats, consumers face two alternatives: everyday-low-price (EDLP) stores that offer lower mean prices, with less variation over time, or promotion-based (HILO) stores that offer higher mean prices but more variation ...
Koichi Yonezawa, Timothy J. Richards
doaj +1 more source
Paradoxes versus Formalism in Economics. Evidence from the Early Years of Game Theory and Experimental Economics [PDF]
Alessandro Innocenti
openalex +1 more source
Essays in Experimental Economics
Behavioral economic research increasingly faces criticism: effects may not replicate, scale outside the laboratory, or last over an extended period. The field’s focus is now on understanding not only what works but also when and why. Carefully designed experiments can help identify boundary conditions of behavioral interventions.
openaire +1 more source
Experimental economics: Methods, problems and promise [PDF]
The purpose of this paper is to discuss the growing importance of experimentation in economic analysis. We present a variety of economic issues that have been explored with laboratory techniques. We also address some common objections to experimentation,
Davis, Douglas D., Holt, Charles a.
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Determining the influence of belonging to a wine protected designation of origin on profitability
Abstract To guide consumers, wineries need credible attributes about the quality of their wines and its origin. In Spain, protected designations of origin (PDO) guarantee that the wine has been produced in a certain wine region in accordance with specific and officially regulated quality criteria thus providing elements of guarantee to the consumer ...
Jordi Moreno Gené+2 more
wiley +1 more source
Abstract The transition from subsistence to market‐oriented agriculture holds the potential to boost rural economic progress and improve the well‐being of the rural poor in developing countries. Despite this potential, there is limited understanding of the key drivers for smallholder commercialization. In this study, we utilize comprehensive three‐wave
Abebayehu Girma Geffersa+1 more
wiley +1 more source
Facts and fiction in public economics: How behavioral and experimental economics can inform public policy [PDF]
Riedl
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Foundations of Behavioral and Experimental Economics: Daniel Kahneman and Vernon Smith [PDF]
Advanced information on the Prize in Economic Sciences 2002. Until recently, economics was widely regarded as a non-experimental science that had to rely on observation of real-world economies rather than controlled laboratory experiments.
Committee, Nobel Prize
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