Showing 1 - 10 of 613
Valuing the Changes in Herbicide Risks Resulting from Adoption of Roundup Ready Soybeans by U.S. Farmers: A Revealed-Preference Approach
Persistent link: https://www.econbiz.de/10005513888
An important consideration in managing fire-prone forests is the intertemporal impacts of forest fires. This analysis examines these impacts in a forest recreation setting by fitting a combined stated and revealed data set to explicitly model the effects of forest regrowth following a fire on...
Persistent link: https://www.econbiz.de/10005525456
The theory of general equilibrium was criticized for its apparent lack of testable implications,as seemingly implied by …
Persistent link: https://www.econbiz.de/10005489391
This paper studies the falsiability of the hypothesis of Nash behavoir, for the case of a finite number of players who choose from continuous domains, subject to constraints. The results obtained here are negative. Assuming the observation of finite data sets, and using weak, but non-trivial,...
Persistent link: https://www.econbiz.de/10005489400
This paper studies the falsifiability of the hypothesis of Nash behavior, for the case of a finite number of players who choose from continuous domains, subject to constraints. The results obtained here are negative. Assuming the observation of finite data sets, and using weak, but nontrivial,...
Persistent link: https://www.econbiz.de/10005489937
The aggregation problem in demand analysis and exchange equilibrium is studied by putting restrictions on the shape of the distribution of the agents' characteristics. This is done by exploiting the finite dimensional linear structure induced on demand functions by affine transformations of the...
Persistent link: https://www.econbiz.de/10005463848
Quasimonotone individual demand correspondences are characterized as those which can be rationalized (in a weak sense) by a complete, upper continuous, monotone, and convex preference relation. Moreover, it is shown that an arbitrary set of demand observations can be rationalized by a reflexive,...
Persistent link: https://www.econbiz.de/10004968139
Many companies collect stated preference data (SP) like intentions and satisfaction as well as revealed preference data (RP) like actual purchasing behavior. It seems relevant to examine the predictive usefulness of this information for future revealed preferences, that is, customer behavior. In...
Persistent link: https://www.econbiz.de/10004972221
This pap er develops a theory of revealed preferences over oneís own and othersímonetary payoffs. We intro duce ímore … games and new data from Stackelb erg mini-games. The test results provide supp ort for the theory of revealed altruism. …
Persistent link: https://www.econbiz.de/10011157038
Official poverty figures in Uganda are flawed by the fact that the underlying poverty lines are based on a single national food basket that was constructed in the early 1990s. In this paper, we estimate a new set of poverty lines that accounts for the wid
Persistent link: https://www.econbiz.de/10011165748