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investment behavior which is consistent with theory. However, an income tax with a limited or unlimited loss offset provision …
Persistent link: https://www.econbiz.de/10009478158
This dissertation consists of two essays. In the first essay I show that there are substantial differences in unemployment durations and reemployment outcomes for workers coming from different occupations. I argue that this variation can be explained by differences in occupational employment...
Persistent link: https://www.econbiz.de/10009450829
as well as descriptive decision and game theory have not provided yet a thorough theoretical treatment of these effects …. Therefore, this thesis develops first a theoretical fundament. It is based on the Cumulative Prospect Theory, which is extended … whereas a risk perception according to the Cumulative Prospect Theory has to be rejected. In multi-person-games the additional …
Persistent link: https://www.econbiz.de/10009467104
My philosophical case study concerns textbook presentations of the theory of demand. Does this theory contain anything …. But then, the theory implies false factual claims. We can avoid this result by embracing the theory’s normative character … of physics by Oliver Timmer. Applying his ideas to the theory of demand reveals that the statements of this discipline …
Persistent link: https://www.econbiz.de/10009467037
Scientific evidence clearly indicates that consumption of raw milk carries substantialdisease-inducing health risks. While federal U.S. policy mandates that milk moving in interstatecommerce be pasteurized; within 41 of 50 states, raw milk can be obtained for consumption.Warning labels...
Persistent link: https://www.econbiz.de/10009442762
Behavioural economics draws upon fieldwork, experiments and research in disciplines such as psychology for building blocks to construct economic analysis that is more descriptively realistic and both augments and qualifies traditional economics as a tool for designing policy. Though behavioural...
Persistent link: https://www.econbiz.de/10009447867
This paper explores the interconnections between two of Herbert Simon's key concepts, bounded rationality and …-level system of partially decomposable systems that agents developed as a means of coping with bounded rationality. The paper ends …
Persistent link: https://www.econbiz.de/10009447955
, as well as those of experimental economists, with neoclassical economic theory. The dissertation is divided into two …
Persistent link: https://www.econbiz.de/10009468509
in das ?konomische Verhalten von Haushalten zu erm?glichen. In der mikro?konomischen Theorie wird Haushaltsarbeit nur in … verwendet, um alternative Argumente in die Sch?tzgleichungen f?r Zeitallokation und Arbeitsangebot zu integrieren. In den … households. In microeconomic theory the dichotomy of labour and leisure as the two alternative choices in time allocation is only …
Persistent link: https://www.econbiz.de/10009482295