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I discuss some key issues raised by behavioral economics for better understanding the working of the labor market. Amongst the key points in this paper are: (i) a revised modeling of the labor supply curve, with a specific focus on the target income approach (ii) elaborating on the importance of...
Persistent link: https://www.econbiz.de/10013050704
Beauty has been used as a fast and frugal heuristic, and therefore an important determinant of choice, as highlighted in research by Hamermesh. In a world of asymmetric information, beauty represents a proxy for objective characteristics or an object of desire, according to an individual's...
Persistent link: https://www.econbiz.de/10012486050
Cooperatives represent an alternative to large-scale corporate farms and plantations as well as to independent unaffiliated small private farms. This paper presents a comparative modeling narrative on cooperative organizational forms' potential impact on equitable rural development. This speaks...
Persistent link: https://www.econbiz.de/10013046205
The Human Sciences Research Council has established a policy research initiative to monitor household food security and to identify and evaluate policy options. In this special edition, a selection of articles from this project is assembled. While deep chronic hunger has fallen with the...
Persistent link: https://www.econbiz.de/10008519153
Labour market theory underlies much of economic analysis with implications for theory and policy. I argue that conventional approaches to the labour market as well as more modern approaches represented by aspects of behavioural labour economics and Keynesian economics are often decontextualized...
Persistent link: https://www.econbiz.de/10014523629
Beauty has been used as a fast and frugal heuristic, and therefore an important determinant of choice, as highlighted in research by Hamermesh. In a world of asymmetric information, beauty represents a proxy for objective characteristics or an object of desire, according to an individual's...
Persistent link: https://www.econbiz.de/10012534387