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Warranties without Commitment to Market Participation

International Economic Review, 1993
The provision of product warranties when the exit of firms is possible is an example of a more general contracting proble m without full commitment. When firms cannot precommit to future mark et participation, they can exit if continued participation is not profitable, thereby avoiding outstanding warranty obligations.
Bigelow, John   +2 more
openaire   +1 more source

Becoming A Market Participant

Sociology of Development, 2023
Drawing on the frameworks of moral economy and relational sociology, this article examines how small farmers have developed different dispositions toward risk calculation during the market transition in China. Using interview data and ethnographic observation from a village in northeast China, I show that monocropping farmers tend to view and manage ...
openaire   +1 more source

Uncertainty Avoidance, Loss Aversion and Stock Market Participation

Global Finance Journal, 2020
Stock market participation differs a lot across countries. Cultural dimensions could be a potential factor for that. We show that indeed uncertainty avoidance (UAI) is linked to rates of stock market participation across countries.
M. Rieger
semanticscholar   +1 more source

Stepping up to market participation of smallholder agriculture in rural areas of Indonesia

Agricultural Finance Review, 2019
PurposeThe purpose of this paper is to analyse factors that determine farmers’ intention to commercialise vegetable-based agribusiness ventures in rural areas and assess the effect of commercialisation on farmers’ income.Design/methodology/approachThe ...
J. Mariyono
semanticscholar   +1 more source

Stock market aversion? Political preferences and stock market participation

Journal of Financial Economics, 2010
We find that left-wing voters and politicians are less likely to invest in stocks, controlling for income, wealth, education, and other relevant factors. This finding from unique data sets in Finland is robust both at the zip code and at the individual level. A moderate left voter is 17-20% less likely to own stocks than a moderate right voter.
Torstila, Sami, Kaustia, Markku
openaire   +3 more sources

Political Uncertainty and Household Stock Market Participation

Journal of Financial and Quantitative Analysis, 2019
Using micro-level panel data and a difference-in-differences identification strategy, we study the effect of political uncertainty on household stock market participation.
V. Agarwal   +3 more
semanticscholar   +1 more source

Market Participant Study

2015
The market participant study documented in the following chapter addresses the fourth research question, investigating the views that market participants in the field of age-based innovations take on lead markets. While the previous chapters already incorporate some information empirically gathered in personal communication, they do not reflect a ...
openaire   +1 more source

Market Participation and Share Prices

Mathematical Finance, 1997
Share prices are analyzed in an overlapping generations model in which the generational size is random. This models stochastic fluctuations of market participants and can explain noninformational volatility of share prices. There exists a (stochastic) stationary equilibrium, which may be nonunique.
openaire   +1 more source

Coordinated ancillary services, market participation and communication of multi-microgrids: A review

Applied Energy, 2022
Junior Alexis Villanueva-Rosario   +4 more
semanticscholar   +1 more source

Income and Social Communication: The Demographics of Stock Market Participation

World Economics, 2019
This paper analyses the determinants of stock market participation decisions using officially compiled aggregate stock account opening data in China. Different from the literature that often focuses on one particular dimension, our paper systematically ...
Ming Gao, Juanjuan Meng, Longkai Zhao
semanticscholar   +1 more source

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