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and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing …
Persistent link: https://www.econbiz.de/10009433264
‘member choice of fund’ legislation. While superannuation choice continues to be widely supported, the debate lacks coherent … exogenous constraints affecting the achievement of informed choice, members’ choice preferences and associated policy … resolutions. Applying this framework, we argue that a genuine choice of fund model should cater for active and passive choice …
Persistent link: https://www.econbiz.de/10009437503
The main objective of the study is to examine the determinants of urban housing choice in Debre Berhan town, Amhara … choice. Accordingly, it is found that age, gender, educational level, the price of the housing, years of residence, income of … the head and access to credit are the major the determinants of urban housing choice. This study suggests that town …
Persistent link: https://www.econbiz.de/10014001525
Freedom of choice is often thought to improve efficiency. We experimentally investigate the effect of giving workers a … choice between compensation schemes with and without a CSR component (CSR/NoCSR) on labor market participation decision and … workers a choice should not reduce their performance. Our results show that there are hidden costs associated with the right …
Persistent link: https://www.econbiz.de/10014469648
Voluntary actions are accompanied by a sense of control over this action and its effects. Forming an appropriate sense of control (or sense of agency) has widespread consequences of individual and societal relevance. Moreover, perceived control might serve as a powerful action motivator,...
Persistent link: https://www.econbiz.de/10014503390
party of his/her choice. Multiple full-edged governments would coexist in the same national territory at the same time, each … one sovereign only over the people who chose to vote for it - hence the name: Choice Democracy. Choice Democracy can be … cooperation and competition. We also provide evidence indicating that Choice Democracy would be viable in the real world. …
Persistent link: https://www.econbiz.de/10010316842
We introduce a game-theoretic model with switching costs and endogenous references. An agent endogenizes his reference strategy and then, taking switching costs into account, he selects a strategy from which there is no profitable deviation. We axiomatically characterize this selection procedure...
Persistent link: https://www.econbiz.de/10014536971
Abstract:Purpose – To investigate the extent of retail change in the UK grocery sector over the last 30 years.Design/methodology/approach – In 1980 a press article by Richard Milner andPatience Wheatcroft attempted to anticipate retail change by 1984. Taking that as atemplate we examine how...
Persistent link: https://www.econbiz.de/10009466002