Barley is a plant cultivated as an herbage plant, which has therapeutic qualities, being relatively well represented in all the Romanian culture areas where it finds appropriate culture conditions. The fact that there are autumn and spring forms may be the reason why this species occupies an...

We test whether anchoring affects people's elicited valuations for a bottle of wine in individual decision making and in markets. We anchor subjects by asking them if they are willing to sell a bottle of wine for a transparently uninformative random price. We elicit subjects'...

The modern business environment is rapidly changing generating unpredictable competitive challenges. Tourism and hospitality industry is specifically vulnerable to such unplanned changes and forced to respond in quick time to address detrimental business situations. It is known for a long time...

While mainstream economics since the 1980s has been largely characterized by neoliberal ideology, the past decade witnessed the rise of nationalism and protectionist policies globally. The latest COVID-19 pandemic has further refocused attention on the crucial roles played by effective states in...

We test whether markets are needed to mitigate the effects of anchoring on peoples' pref- erences. We anchor subjects by asking them if they are willing to sell a bottle of wine for a transparently uninformative random price. We elicit subjects' Willingness-To-Accept for the bottle before and...

Die Theorie mehrseitiger Marktplätze hat sich seit den ersten Arbeiten von Rochet/Tirole (2003), Evans (2003) und Evans/Schmalensee (2007) und ihrer Übertragung auf Medienmärkte durch Dewenter (2006) und Dewenter/Haucap (2009) zur Analyse von Plattformmärkten im wissenschaftlichen Diskurs...

In the Czech Republic, the medical device industry is an important sector with a strong tradition and has high added value and perspectives in demand under changing demographic and social structures. The aim of this article is to describe and analyze the complex issues of the new European...

The leading Internet groups, with their extensively networked platforms, have become the key players in the design and regulatory framing of the Internet in the course of the 2010s. This paper examines the mechanisms by which they fulfil their role as structurebuilding, rule-making and...

Purpose The relationship between government and market is the key to the economic development performance of market economy countries. Due to the limits such as the state/market dichotomy, the focus on static allocation efficiency and the ignorance of the diversity of the market economy and the...

While mainstream economics since the 1980s has been largely characterized by neoliberal ideology, the past decade witnessed the rise of nationalism and protectionist policies globally. The latest COVID-19 pandemic has further refocused attention on the crucial roles played by effective states in...

The closures of childcare providers to most families during the COVID-19 crisis have underlined the importance of access to childcare, both to support paid work and to help shape young children's environment. However, the crisis has had severe consequences for the finances of childcare...

A conceptual model has been developed to present comprehensively the processes and linkages of invention and open innovation for those knowledge workers who want to transform idea of a new product or service into a reality. The progression of idea conceptualization, realization and marketing is...

Background: Although the association between the price of generic drugs and market competitiveness has been explored in various high-income countries, this association has not been empirically evaluated in South Korea. We aim to determine the association between the prices of generic drugs and...

The mean-reverting nature of freight rates is one of the important subjects in maritime economics. The classic understanding of maritime economics (and that of the shipping industry) suggests that freight rate processes are mean-reverting and approach the level decided by the demand/supply...

Die führenden Internetkonzerne sind mit ihren weitläufig vernetzten Plattformen im Laufe der 2010er Jahre zu den entscheidenden Akteuren der Gestaltung und regulati- ven Einfassung des Internets geworden. Der Aufsatz geht der Frage nach, über welche Ansatzpunkte und Mechanismen sie ihre Rolle...

Die Corona-Pandemie erfordert staatliche Eingriffe, um negative ökonomische Auswirkungen auf Konsumenten und Unternehmen abzumildern. Es bestehen jedoch auch Gefahren bei Interventionen durch den Staat: So können ineffiziente Strukturen konserviert werden, Märkte verzerrt und langfristig...

The paper contributes to market research in the agri-food sector, by analyzing the structure of domestic meat supply from slaughtering, by species (cattle, pigs, sheep, goats, poultry) at national level and on the eight development regions. Also, for each species presented, the study deepens the...

Abstract: The paper represents the result of the efforts made to develop a market study within the first subsystem of the marketing - the entries on the market, meaning the production sector, by applying a questionnaire addressed to the producers of cow's milk, sheep meat, pork, broiler. Even...

During the current planning period of the Common Agricultural policy of the European Union, a newly formed Bulgarian organic production sector has rapidly developed. In the span of just three years - from 2014 to 2017 Bulgaria has risen to the top of the EU organic production charts for several...

Technical improvements in the sustainability of wine making will likely proceed thorough a progressive refinement of processing strategies without substantial discontinuities. The new varieties obtained through interspecific crossings represent a new technological paradigm with remarkable...

Strongly increasing costs of congestion management have provoked a discussion in Europe about new approaches to solve grid congestions in a more efficient way. One approach is to design flexibility markets. In this paper we focus on the effects of subsidies for renewable energy on the market...

Multinational and multiproduct firms often experience uncertainty in the relative return of conducting activities in different markets due to, for example, exchange rate volatility or the changing prospects of different products. We study how a multi-divisional organization should optimally...

We exploit the natural experiment of German reunification in 1990 to investigate if the institutional regimes of the formerly socialist (rather gender-equal) East Germany and the capitalist (rather gender-traditional) West Germany shaped different gender identity prescriptions of family...

We exploit the natural experiment of German reunification in 1990 to investigate if the institutional regimes of the formerly socialist (rather gender-equal) East Germany and the capitalist (rather gender-traditional) West Germany shaped different gender identity prescriptions of family...

We exploit the natural experiment of German reunification in 1990 to investigate if the institutional regimes of the formerly socialist (rather gender-equal) East Germany and the capitalist (rather gender-traditional) West Germany shaped different gender identity prescriptions of family...

Economists tend to reduce all corruption to impersonal market-like transactions, ignoring the role of social ties in shaping corruption. In this paper, we show that this simplification substantially limits the understanding of corruption. We distinguish between market corruption (impersonal...

This paper studies the birth of the market for Japanese black tea, its decline, and its rebirth. Currently, the black tea consumed in Japan is mostly imported. But the production of Japanese black tea has gradually increased, and more than 200 tons was produced in 2016. We investigate the...

Zonal pricing electricity markets operate sequentially. First, the suppliers compete in a spot market. Second, to alleviate the congestion in the transmission line, in a redispatch market, the suppliers in the importing node are called into operation to increase their production, and the...

The 2007-09 financial crisis highlighted the vulnerability of financial institutions linked by a complex web of credit default swap (CDS) contracts, sparking a wave of regulatory changes to the structure of the market. In this paper, we provide broad evidence on the evolution of the CDS market...

While markets have been liberalized all over the world, incumbents often still hold a dominant position, e.g. on energy markets. Thus, wholesale electricity markets are subject to market surveillance. Nevertheless, consolidated findings on abusive practices of market power and their cause and...

Abstract: The paper represents the result of the efforts made to develop a market study within the first subsystem of the marketing - the entries on the market, meaning the production sector, by applying a questionnaire addressed to the producers of cow's milk, sheep meat, pork, broiler. Even...

In the recent food waste debate, potatoes represent an important factor with approximately half of the production being removed from the food supply chain. Because selling unwashed potatoes is known as a potential remedy to address this phenomenon, the present article investigates this case in...