In recent years there has been a growing interest in macro models with heterogeneity in information and complementarity in actions. These models deliver promising positive properties, such as heightened inertia and volatility. But they also raise important normative questions, such as whether the heightened inertia and volatility are socially undesirable, whether there is room for policies that...

Abstract Wineries in the “old world” export almost 40% of their production. This study analyzes influence vertical and horizontal networks on performance. We draw a sample 183 Spanish wineries examine main independent variables using two-step Heckman model. find positive effects and—at somewhat lower level—downstream (JEL Classifications: L66, M16, Q13)

We offer a sketch of an Austrian theory corporate finance by studying the structure firms’ liabilities both on unhampered market and through monetary policy-induced business cycle. Building recent contributions time-structure savings, we show that booms are characterized increased leverage higher levels maturity mismatches for firms. Such fragilities to be corrected during busts.
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Article history: Accepted 17 September 2013 JEL classifications: L13 L15

The objectives of paper are to highlight mainly the marketing analysis and demand as well profit Badi making involving Women workers in Keonjhar district Odisha. study is based on primary data collected from 200 Self Help Groups badi respondents five selected areas. KEYWORDS: Badi, Marketing, Entrepreneurs, Women, Group. JEL Classification: - O

JEL CLASSIFICATION C26, C99, D03, I18. PSYCINFO CLASSIFICATION 2360; 3920.

We experimentally investigate how impartial observers allocate money to agents whose complementarity and substitutability determine the surplus that each group can achieve. Analyzing data through lens of axioms solutions from cooperative game theory, a one-parameter model (mixing equal split Shapley value) arises as parsimonious description data. (JEL C71, C91, D12, D63)

The mathematical framework of psychological game theory is useful for describing many forms motivation where preferences depend directly on one’s own or others’ beliefs. It allows incorporating, example, emotions, reciprocity, image concerns, and self-esteem in economic analysis. We explain how why, discussing basic theory, experiments, applied work, methodology. (JEL C70, D83, D91)

Bu çalışmada, Eskişehir ili Kırka ilçesinden temin edilen bor işletme tesisi proses katı atıklarının (PKA) sondaj çamurlarında kullanılabilirliği araştırılmıştır. Çalışma kapsamında Amerikan Petrol Enstitüsü (API) Spec. 13-A standardına göre spud tip çamur numuneleri hazırlanmıştır. Hazırlanan numunelerde farklı oranlarda (ağırlıkça %4-8) ve tane boyutlarında (75-50µm) PKA bentoniti katkılanmış...

Neuroeconomics and Evolutionary Psychology contribution to the economic mainstream along last decade, not only in realm of theory but analysis risk aversion financial decisions, is really noteworthy. But few things has been said about how these new disciplines are complementary or something add what economists thought before us. The comparison between history ideas neuroeconomics evolutionary p...