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Zweynert, Joachim; Goldschmidt, Nils. |
The increasing gap between the formerly socialist countries of Central and Eastern Europe (CE & EE) with regard to both their economic and political performance cannot be explained by their different starting conditions after the breakdown of the Soviet Union alone. Rather, it is due to cultural and historical circumstances that shape the particular tradition and societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that the "reaction rate" of informal institutions depends on their compatibility with imported formal institutions. The transition processes in CE & EE... |
Tipo: Working or Discussion Paper |
Palavras-chave: Cultural Economics; Institutions; Transition; Path Dependence.; Institutional and Behavioral Economics; Z10; P51. |
Ano: 2005 |
URL: http://purl.umn.edu/26391 |
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Fogarty, James Joseph. |
As food is an experience good, the market for restaurant meals is a market where the cost of acquiring information regarding quality is relatively high. In such markets consumers often turn to reputation measures to guide purchase decisions. As Australia does not have a longstanding cuisine style of its own, and given Australia has been open to substantial immigration inflows since federation, it represents an especially appropriate market to study regarding the impact of individual restaurant reputation and collective cuisine reputation on meal prices. The following study uses the hedonic price approach to investigate the implicit price of individual reputation indicators, cuisine type reputation indicators, and other objective indicators in the market... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Expert Opinion; Food; Hedonic Pricing; Research Methods/ Statistical Methods; D12; Q18; Z10. |
Ano: 2010 |
URL: http://purl.umn.edu/59078 |
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Schilizzi, Steven. |
Ethics and economics have long been viewed, if not as being incompatible, at least as being at odds with each other. This has often translated in the field of environmental policy and management into radical opposition between supporters of economic performance and environmentalists. It has seemed that the ethics of economics and that of environmental preservation were themselves at odds. The discussion has opposed utilitarian and duty-based philosophies. Ultimately, the firm manager, especially when under financial pressure, must decide between keeping the firm in business and doing the right thing for the environment. This view of things is now itself at odds with reality. One needs to explain why an increasing number of firms, both big and small, are... |
Tipo: Presentation |
Palavras-chave: Environmental Economics and Policy; Institutional and Behavioral Economics; Z10; A12; L20; M20; Q29. |
Ano: 2000 |
URL: http://purl.umn.edu/123729 |
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Zweynert, Joachim. |
The paper deals with the connection between politically induced catch-up development, cultural and intellectual traditions and economic order in Germany and Russia. It is argued that in the history of both countries we encounter significant structural parallels, including the totalitarian experience. After World War II the German political elite managed to implement capitalism in a country, the population of which was still hostile towards capitalism. The key to success was that the German political rulers, in contrast to the Russian "young reformers" of the early 1990s, from the beginning on took into account the shared mental models prevailing in Germany. Therefore some lessons may be drawn from the German historical experience in regard to today's Russia. |
Tipo: Working or Discussion Paper |
Palavras-chave: Cultural Economics; Economic Development; Transition; Totalitarianism; International Development; B25; P51; Z10. |
Ano: 2004 |
URL: http://purl.umn.edu/26304 |
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