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Two essays on general equilibrium foundation of finance

Siwik, Thomas - 2002

The thesis consists of two essays: "The CAPM -- A General Equilibrium Foundation" and "The Foreign Exchange Rate in Financial Markets".The Capital Asset Pricing Model (CAPM) is one of the most successful models for portfolio selection. The utility functions are assumed to depend positively on...

Persistent link: https://www.econbiz.de/10009452580

The impact of price discrimination on tourism demand / Maria Fouché

Fouche, Elizabeth Maria - 2005

The primary goal of this study was to determine the impact of price discriminationon tourism demand. Four objectives were defined with reference to the primaryresearch goal.The first objective was to analyse the concept of price discrimination and relevanttheories by means of a literature study....

Persistent link: https://www.econbiz.de/10009456056

Client Satisfaction and Big 6 Audit Fees

Behn, Bruce K.; Carcello, Joseph V.; Hermanson, Dana R.; … - 1999

This study examines whether client satisfaction can help explain cross-sectional variation in Big 6 audit fees paid by Fortune 1000 clients. After controlling for other factors related to audit fees (including audit quality attributes), client satisfaction with the audit team is positively...

Persistent link: https://www.econbiz.de/10009459082

Ekonomikos subjektų konkurencinės aplinkos vertinimas

Ralytė, Ingrida - 2006

The purpose of the Thesis is to generalize a scheme of evaluation and to measure competitive ability of Private Company “Vilniaus duona” after the analysis of methodical – academic works on competitive environment. After applying the scheme, it was identified that the Company is...

Persistent link: https://www.econbiz.de/10009478179

Strategic Choice of International Emissions Trading Scheme in an Open Economy with Perfect Competition

Boom, Jan Tjeerd - 2003

Emissions trading can be organized in several ways. In particular, private emissions trading can be organized as permit trading, or as credit trading. The schemes have a different impact on output with credit trading leading to a higher output level than permit trading. This paper analyzes what...

Persistent link: https://www.econbiz.de/10009443911

Distributing the Benefits from the Commons

Silvestre, Joaquim - 1993

"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...

Persistent link: https://www.econbiz.de/10009468330

Foundations for Cooperation in Social Dilemmas

Ahn, Toh-Kyeong - 2001

"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...

Persistent link: https://www.econbiz.de/10009468335

Appropriation Externalities in the Commons: Theory and Experimental Evidence

Herr, Andrew - 1996

of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …

Persistent link: https://www.econbiz.de/10009468337

Essays on Individual Behavior in Social Dilemma Environments: An Experimental Analysis

Dudley, Dean - 1993

"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...

Persistent link: https://www.econbiz.de/10009468340

Salience and Its Implications for Common-Pool Resource Management in Scotland: A Tragedy of a Different Kind?

Brown, Katrina Myrvang; Slee, Bill - 2002

"In past contributions to CPR theory, the issue of salience/dependence on a resource has been flagged up as a one of a … high. However, cases do exist of CPRs in which this assumption does not hold, and consequently, related theory proves to be … into question the possibility and utility of constructing a coherent CPR meta-theory." …

Persistent link: https://www.econbiz.de/10009468341