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Registros recuperados: 20 | |
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Colombo, Sergio; Hanley, Nick; Bush, Glenn. |
En el método del experimento de elección se supone que el entrevistado es perfectamente racional, está informado y maximiza su utilidad siguiendo una regla de elección perfectamente compensatoria. Sin embargo, es posible que los individuos empleen otras reglas de decisión en sus elecciones para simplificar el esfuerzo cognitivo del ejercicio propuesto. En este trabajo se emplea la metodología de los valores de corte para incorporar en el experimento de elección reglas de decisión no compensatorias, y se amplia esta metodología para identificar respuestas inconsistentes. Los resultados indican que el empleo de los valores de corte mejora la capacidad descriptiva de los modelos de elección, y puede ser muy útil para la identificación de inconsistencias en la... |
Tipo: Journal Article |
Palabras clave: Experimento de elección; Inconsistencias en la elección; Puntos de corte.; Agricultural and Food Policy; Q5; D01. |
Año: 2009 |
URL: http://purl.umn.edu/57278 |
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Cai, Mattia; Nunes, Paulo A.L.D.; Ferrise, Roberto; Moriondo, Marco; Bindi, Marco. |
This paper investigates the empirical magnitude of climate conditions on tourist flows in Tuscany, exploring the use of a fine spatial scale analysis. In fact, we explore the use of an 8-year panel dataset of Tuscany’s 254 municipalities, examining how tourist inflows respond to variation in local weather conditions. In particular, as the area enjoys a fairly mild Mediterranean climate, our analysis focused on temperature extremes at key times of the tourist season, i.e., on maximum summer temperature and minimum winter temperature. Separate analyses are conducted for domestic and international tourists, so as to test the differences in the preferences among these distinct groups (or types of demand). Estimation results show the impact of climate change on... |
Tipo: Working or Discussion Paper |
Palabras clave: Domestic Tourists; International Tourists; Municipalities; Maximum And Minimum Daily Temperature; Dynamic Model; Temperature Demand Elasticity; GMM; Environmental Economics and Policy; C23; D01; L83. |
Año: 2011 |
URL: http://purl.umn.edu/115851 |
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Maldonado, Jorge Higinio; Moreno-Sanchez, Rocio del Pilar. |
Economic Experimental Games (EEGs), focused to analyze dilemmas associated with the use of common pool resources, have shown that individuals make extraction decisions that deviate from the suboptimal Nash equilibrium. However, few studies have analyzed whether these deviations towards the social optimum are affected as the stock of resource changes. Performing EEG with local fishermen, we test the hypothesis that the behavior of participants differs under a situation of abundance versus one of scarcity. Our findings show that under a situation of scarcity, players over-extract a given resource, and thus make decisions above the Nash equilibrium; in doing so, they obtain less profit, mine the others-regarding interest, and exacerbate the tragedy of the... |
Tipo: Working or Discussion Paper |
Palabras clave: Tragedy of the commons intensified; Economic experimental games; Resource abundance; Resource scarcity; Dynamic effects; Community/Rural/Urban Development; Environmental Economics and Policy; Institutional and Behavioral Economics; Land Economics/Use; Public Economics; D01; D02; D03; O13; O54; Q01; Q22; C93; C72; C73; C23. |
Año: 2009 |
URL: http://purl.umn.edu/91170 |
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Lapar, Ma. Lucila A.; Toan, Nguyen Ngoc; Que, Nguyen Ngoc; Jabbar, Mohammad A.; Tisdell, Clement A.; Staal, Steven J.. |
This paper reports on the findings of a study to investigate market outlet choice decision-making of urban consumers in Vietnam with regards to fresh pork purchases and generate empirical evidence on factors that influence these choices. Data from a survey of 600 consumers in Hanoi and Ho Chi Minh City was used to estimate a multinomial logit model of market outlet choice based on three alternatives: traditional temporary market outlets, permanent open markets, and modern retail outlets. Results suggest that market outlet choice by consumers of fresh pork in urban cities of Vietnam is conditioned by factors related to mobility and level of affluence, time budgets, concerns about food safety and hygiene, proximity to market outlets, and geographical... |
Tipo: Conference Paper or Presentation |
Palabras clave: Market outlet choice; Pork supply chain; Smallholders; Vietnam; Agricultural and Food Policy; Institutional and Behavioral Economics; Livestock Production/Industries; Marketing; D01; C25. |
Año: 2009 |
URL: http://purl.umn.edu/51437 |
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Bertrand, Marianne; Karlan, Dean S.; Mullainathan, Sendhil; Shafir, Eldar; Zinman, Jonathan. |
Numerous laboratory studies report on behaviors inconsistent with rational economic models. How much do these inconsistencies matter in natural settings, when consumers make large, real decisions and have the opportunity to learn from experiences? We report on a field experiment designed to address this question. Incumbent clients of a lender in South Africa were sent letters offering them large, short-term loans at randomly chosen interest rates. Psychological features on the letter, which did not affect offer terms or economic content, were also independently randomized. Consistent with standard economics, the interest rate significantly affected loan take-up. Inconsistent with standard economics, the psychological features also significantly affected... |
Tipo: Working or Discussion Paper |
Palabras clave: Behavioral economics; Psychology; Microfinance; Marketing; Field experiment; Credit markets; Consumer/Household Economics; D01; C93; D12; D21; D81; D91; M37; O12. |
Año: 2005 |
URL: http://purl.umn.edu/28441 |
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Registros recuperados: 20 | |
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