Science in Context / Volume 12 / Issue 02 / June 1999, pp 351 376 DOI: 10.1017/S026988970000346X, Published online: 26 September 2008 Link to this article: http://journals.cambridge.org/abstract_S026988970000346X How to cite this article: Robert Evans (1999). Economic Models and Policy Advice: Theory Choice or Moral Choice?. Science in Context, 12, pp 351-376 doi:10.1017/S026988970000346X Reque...

Objective: The present study examined the effect of choice theory education on the happiness and self-esteem in university students. Methods: The statistical population consisted of all students of Qom universities. The study sample consisted of 30 students (7 males and 8 females per group) with low self-esteem (0 out of 10) and happiness (14 out of 87) levels. The subjects were randomly selec...

A generalized weak dominance approach is used to test the documented preference reversal (PR) phenomenon. This approach simply models risky choice behavior in PR as a choice between the best possible outcomes or a choice between the worst possible outcomes by equating smaller paired outcome difference between bets. The preference reversals are therefore seen as a consequence of the fact that ga...

The Dilemma of Direct Democracy CRAIG M. BURNETT, ELIZABETH GARRETT & MATHEW D. McCUBBINS The dilemma of direct democracy is that voters may not always be able to make welfareimproving decisions. Lupia’s seminal work has led us to believe that voters can substitute voting cues for substantive policy knowledge. Lupia, however, emphasized that cues were valuable under certain conditions and not o...

This study examines the factors that determine the likelihood of submitting a potentially fraudulent prevented planting claim. A theoretical model is developed and the theoretical predictions are empirically verified by utilizing a binary choice model and crop insurance data from the southern United States. The empirical results show that insured producers with higher prevented planting coverag...

This paper introduces a new theoretical model to explore how the behavior of heterogeneous intermediate suppliers affects the product quality choice of heterogeneous final good producers. It explains the choices of quality, inputs and the export prices of a multi-product firm in response to different market characteristics. We found that a more productive firm exports a larger and higher qualit...

A decision maker (DM) makes choices from different sets of alternatives. The DM is initially fully ignorant of the payoff associated to each alternative, and learns these payoffs only after a large number of choices have been made. We show that, in the presence of an outside option once payoffs are learned, the optimal choice rule from sets of alternatives is one that is as if the DM had strict...

The influence of early adopters on potential adopters’ decisions of whether or not to adopt a product is known to be critical. In this paper, we examine the factors that influence the adoption behavior of smartphone early adopters by looking at smartphone adoption behavior of college students, because a large portion of the early adopters of smartphones are college students. Our focus is on the...