Globalization: Economic and psychological aspects

Globalization and economic volatility

Businesses and households face substantial idiosyncratic and aggregate economic risk. As a general principle, economic risk for businesses reflects the myriad of factors that impact the profitability of the business, while for individuals economic risk reflects the myriad of factors that impact the earnings and employment outcomes of household members. While aggregate risk gets most of the head...

Payment Method Design: Psychological and Economic Aspects of Payments

Paying for goods and services creates disutility for the payer. Based on ideas from behavioral economics, we contend that the disutility of paying can be substantially influenced by the method of payment. We develop a model of the consumer that takes into account phenomena such as the pain of paying, the sunk-cost effect, and self-control issues. In a laboratory experiment we test this model an...

Rehabilitation of treated TB patients: Social, psychological and economic aspects.

AIM AND OBJECTIVE To highlight the need for post-treatment rehabilitation of TB patient; including social psychological and economic aspects. METHODS Patient interaction, informal interviews, field observations and secondary research. The minimum duration of treatment (for drug-susceptible TB) is 6months. Treatment for drug-resistant TB can be from anywhere between 18 and 24months. In some ca...

Globalization And Inequality In Different Economic Blocks

Gendered Aspects of Globalization