What is the activating force that organizes economic affairs? The social side of human nature means that competition alone is not sufficient because competition is the expression of human individuality. Cooperation, which gives expression to human sociality, is the other one. Reality provides...

In this paper, the hypothesis that performance of trading firms depends on their assets (physical, financial, human capital and social capital) and trading practices is tested with data from a sample of 131 live animal traders in 38 rural Ethiopian highland markets. Most traders used own capital...

This paper examines two models of interaction between private and public institutions in respectto the process of innovation. While private firms adopt proactive strategies and public institutionsfollow it is considered that, under certain conditions, public institutions are theinnovator and...

In the period of investigation, 1995–2000, the Danish fishery for species meant for human consumption was managed by individual non-transferable vessel quotas, while the fishery for species meant for fishmeal and fish oil was subject to a total quota. The revenues of the fishermen targeting...

We employed a cross-nested logit (CNL) model that permits a rich pattern of substitution among alternatives within a closed form choice model. The specification we employed is ideal for applications with many choice alternatives, such as the 431 fishing sites in this application. The CNL model...

Published by Asociación de Economistas Agrarios de Chile

The important role of friends, neighbors and colleagues in shaping individual choices has been brought out in a number of studies over the years. The presence of significant ‘local’ influence in shaping individual behavior suggests that firms, governments and developmental agencies should...

Companies carrying out their business activities are looking for the key to long term success under constantly changing circumstances and economic conditions. In order to achieve company goals and in order to satisfy the needs of customers, companies are striving for establishing tight and long...

This paper examines two models of interaction between private and public institutions in respect to the process of innovation. While private firms adopt proactive strategies and public institutions follow it is considered that, under certain conditions, public institutions are the innovator and...

With a relatively small population and 7% of the world's available freshwater resources, Canada is well placed for a world of water scarcity where the real value of water in its many uses becomes more and more apparent. However, action is necessary to ensure that Canada continues to benefit from...