This paper empirically investigates the household's decision to reside and work either inthe central metropolitan area, or in the surrounding nonmetropolitan area, or to commutebetween the two regions. As economic theory suggests the location decisionamounts to trading off wages, housing costs,...

Swiss metropolitan areas are comprised of a system of communities with considerable fiscal autonomy. This study investigates how the income tax differentials across communities in an urban area affect the households` location decisions. Data from the urban agglomeration of Basel for the year...

This paper has a two-fold objective. First, to estimate the changes in landings value by 2030 of two Mexican coastal fisheries: shrimp and sardines as a consequence of climate change. And second, to discuss the implications for food security of such impacts. We estimated output equations using a...

This paper has a twofold objective: First, to estimate the changes in landings value by 2030 for two Mexican coastal fisheries, specifically shrimp and sardine fisheries, as a consequence of climate change; and second, to discuss the implications of such impacts for food security. A dynamic panel...

According to standard finance, risk and return are positively correlated, but many studies conducted in the behavioral finance and prospect theory context have revealed that risk and return are not positively correlated, but are negatively correlated. In this study, effort has been made to...

Purpose: the aim of this paper is to investigate the closed-loop supply chain (CLSC) network equilibrium wiht the consideration of three practical factors: two complementary types of suppliers, risk-averse character of the manufacturer and capacity constraints of the suppliers....

The article presents a historical review of the literature related to the empirical problem of excessive risk premium. The risk premium (the difference between the return on equities and risk-free rate) observed in financial markets cannot be reconciled with theoretical models of financial...

A micro decision-making utility model under uncertainty is presented as a complementary foundation for macro coronavirus models. The micro model consists of two functions, a risk averse utility function depending on wellness and a wellness random output which is a function of the input variable...

The general decline in per capita consumption of wine worldwide over recent decades reveals the need to apply effective marketing strategies to capture segments of the population, such as young people or women, who tend to consume wine sporadically and in small amounts, even among traditional...