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distance from an individual. The psychological theory of “psychological distance” assumes that individuals give more importance …
Persistent link: https://www.econbiz.de/10015245456
This study adresses time-dependent orders that are shown to lead to recursive representations based upon a Max-Min dichotomy and introduce a structure that is naturally based upon time-varying multiple discounts. It is argued that this setup naturally provides an enriched understanding of the...
Persistent link: https://www.econbiz.de/10015264534
We estimate the relationship between international youth and professional tennis rankings. We find no difference between the predictiveness of rankings from age 14 & Under versus age 16 & Under competitions. The most persistent predictor of professional success is beating older top ranked...
Persistent link: https://www.econbiz.de/10015242123
The tourism industry and creative economy in Cirebon can not be separated from the historical aspect of the city's growth and development as silk lines in the spread of Islam, trade, and acculturation is very smooth so that the ethnic diversification becomes a major part in tourist activities....
Persistent link: https://www.econbiz.de/10015251617
The tourism industry and creative economy in Cirebon can not be separated from the historical aspect of the city's growth and development as silk lines in the spread of Islam, trade, and acculturation is very smooth so that the ethnic diversification becomes a major part in tourist activities....
Persistent link: https://www.econbiz.de/10015253901
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/10015214991
information theory, the goal is to generate information and make more accurate predictions about a particular condition. However …
Persistent link: https://www.econbiz.de/10015215204
meaningful way. This is because standard economics solely grounded in the theory of choice is "incomplete". That is, it has …
Persistent link: https://www.econbiz.de/10015218751
There are historical and institutional reasons behind our economic problems like poverty and environmental damage but it is not acceptable if they persist in years to come. The strategic use of information by individual economic agents establishes a biasing effect on our economy. In case of...
Persistent link: https://www.econbiz.de/10015225045
In information economics, any piece of information is assumed to have the same value across people, even if the information is distributed asymmetrically. However, in actuality, information has different values across people, even if it is distributed equally, because people utilize the same...
Persistent link: https://www.econbiz.de/10015268114