In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...

A large body of research shows that cognitive biases—unconscious mental errors caused by simplified information processing strategies—distort decision making in a variety of situations. This article demonstrates that these biases are also highly relevant with regard to decisions in a capital...

In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...

In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...

In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...

The purpose of this study is to identify the current situation in the Cyprus hotel industry, concerning environmental management and certain hotel activities. The study, conducted via closed-type questionnaires, focused on managers or owners of one to five star hotels in selected areas of...

Using data over the period 1966-2008, this paper investigates the environmental Kuznets curve (EKC) hypothesis for Mauritius. The conventional inverted-U EKC is not found, instead a long-run quadratic relation implying higher carbon emission as a result of economic growth since the early 1980s...

This paper explores the way the man?nature relationship and the related environmental problems have been dealt along with the history of the economic thought. We discuss a number of different theoretical frameworks (classical, Marxian and neoclassical economics, Georgescu-Roegen's approach and...