transaction cost and Time inconsistency in consumption- Savings behavior(experimental approach)

Transaction-cost Economics in Real Time

economic optimization and energy consumption in tray dryers

دراین پروژه به بررسی مدل سازی خشک کردن مواد غذایی با استفاده از هوای خشک در خشک کن آزمایشگاهی نوع سینی دار پرداخته شده است. برای آنالیز انتقال رطوبت در طی خشک شدن به طریق جابجایی، یک مدل لایه نازک برای انتقال رطوبت، مبتنی بر معادله نفوذ فیک در نظر گفته شده است که شامل انتقال همزمان جرم و انرژی بین فاز جامد و گاز می باشد. پروفایل دما و رطوبت برای سه نوع ماده غذایی شامل سیب زمینی، سیب و موز در طی...

The Cost of Convenience? Transaction Costs, Bargaining Power, and Savings Account Use in Kenya∗

Individuals across the world often use high-transaction-cost savings devices, even when lower-cost technologies are available. I study this phenomenon via a field experiment where access to ATM cards was randomly assigned to 1,100 newly opened bank accounts in rural Kenya. These cards reduced withdrawal fees by over 50 percent. While the cards increased overall account use, the positive treatme...

Producer cooperatives: a Transaction Cost Economic Approach

This paper aims at positioning producer cooperatives within the Transaction Cost Economics theory, one of the most cited and prolific theories on management studies. To accomplish this goal, I will answer the questions what is a cooperative, which transactions producer cooperatives regulate, under which market conditions they operate, and where are the boundaries for such organizations. This pa...

Canadian Potential Healthcare and Societal Cost Savings from Consumption of Pulses: A Cost-Of-Illness Analysis

Consumption of dietary pulses, including beans, peas and lentils, is recommended by health authorities across jurisdictions for their nutritional value and effectiveness in helping to prevent and manage major diet-related illnesses of significant socioeconomic burden. The aim of this study was to estimate the potential annual healthcare and societal cost savings relevant to rates of reduction i...

The recursive approach to time inconsistency

We introduce a new class of finite horizon stochastic decision problems in which preferences change over time, and provide a proof of the existence of a recursively optimal strategy. Recursive optimization techniques dominate many areas of economic dynamics. However, in decision problems in which tastes change over time, the solution technique most commonly applied is not recursive, but rather ...