Using original internet-based survey data which was collected in Japan, the authors estimate the parameters of the utility functions with a social comparison using the random utility model framework. In line with classical income comparison literature, this article observes a negative effect of...

In terms of quantity, the English (American) influence in the economic language is striking, remarkable. The adjustment of these terms is brief, relative, which is not a factor favoring the assimilation of loans, but is permissible, in principle, for Anglicisms. In what concerns the need for...

The paper presents the historical evolution of borrowings in the German language from the Greeks or Romans to the 20th century. The paper underlines the English borrowings present in the everyday speech from academic milieu to teenager medium and its social impact. The paper focuses on...

Coase 1930 endures through the decades as one of the most-cited papers in economics due to the fact that it highlights a fundamental and equally enduring problem: "Economic theory has suffered in the past from a failure to state clearly its assumptions. Economists in building up a theory have...

The paper aims to present the consumers’ perceptions in a volatile environment such as the one dominated by the economic crisis phenomenon. Our research starts with a short analysis of previous research papers that were focusing on the subject of consumers’ perceptions, putting an accent on...