Traditionally, it is assumed that high (low) customer satisfaction leads to positive (negative)word of mouth. However, previous research has ignored that in some situations, consumerswill tend to give positive WOM about a recent negative experience, because they feelashamed or embarrassed about...

We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties relate to altruism and to impatience and we reason...

Obesity has become a major health issue. Research in economics has providedimportant insights as to how technological progress reduced the relative price of food andcontributed to the increase in obesity. However, the increased availability of food might wellhave overstrained will power and led...

This paper deals with explaining the sizable differences in the rate of self-employment (business ownership) across 15 European countries in the period 1978-2000, within a framework of occupational choice, focusing on the influence of dissatisfaction and of per capita income. Using two different...

Die Fluktuationsrate, definiert als Wechsel des Arbeitsplatzes permanent beschäftigter Arbeitnehmer(zwischenbetriebliche oder Job-to-Job Mobilität), weist gegenwärtig einen Wertvon rund 10% aus. Damit wechseln - gemäß der Schweizerischen Arbeitskräfteerhebung(SAKE) des Jahres 2001 -...