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Some economists believe that the work of neuroeconomists threatens the theory of economics. Glenn Harrison’s paper “Neuroeconomics: A Critical Reconsideration” attempts to set the score, though the points he makes are hidden behind the fumes of his anger (Glenn W. Harrison 2008). The field...
Persistent link: https://www.econbiz.de/10005789790
In many models of interdependent preferences the payoffs have not only personal value but also enter the social part of the utility. This duality creates a problem of distinguishing what influences the choice more: consumption or social concerns. To identify what drives the behavior it is...
Persistent link: https://www.econbiz.de/10005620020
We study the behavior of 12 pairs of undergraduate students while they were involved in a simple coordination game requiring motor interaction. Three experimental conditions were defined according to whether a monetary prize was given to both or only one subject, if the couple was in...
Persistent link: https://www.econbiz.de/10005835965
In Albers & Albers (Spring, 2013) we demonstrated that the historic development of U.S. real GNP, 1869-present, may be structured in recurring 14-year periods. A steady-state rate of growth of 3.4969% is thereby calculated, generating an increase in real GNP proportional to the famous “Golden...
Persistent link: https://www.econbiz.de/10011260122
This paper aims at defining a set of privacy metrics (quantitative and qualitative) in the case of the relation between a privacy protector ,and an information gatherer .The aims with such metrics are : -to allow to assess and compare different user scenarios and their differences ;for examples...
Persistent link: https://www.econbiz.de/10009022009
Brand awareness remains fundamental to consumer life as the interaction initiation point to the brands. This paper put forwards the relationship of brand awareness on consumer/brand loyalty in the packaged milk brands in the urban Pakistan. There is evidence of brand awareness and consumer/brand...
Persistent link: https://www.econbiz.de/10008684917
The paper discusses the possibility of behavioural change in accordance with the objectives of sustainable development considering the human behaviour through the needs. Using the concepts of fundamental human needs and satisfiers of Manfred Max-Neef, the attempt was made to determine the...
Persistent link: https://www.econbiz.de/10011111393
This article analyzes the effect of speculation on the economic welfare from various criteria, using a simple Edgeworth box within a three-period Walrasian competition framework. Here “speculation” is defined as a series of transition processes of each agent’s spontaneous production of...
Persistent link: https://www.econbiz.de/10005789313
This paper contrasts competing theories and evidence on the nature and significance of African American racial identity. In particular, we seek to examine whether race is best understood as a set of values and behaviors or whether race is best understood as a social norm.
Persistent link: https://www.econbiz.de/10005836196
We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...
Persistent link: https://www.econbiz.de/10011108988