Trade liberalization in the early 1990s in Bangladesh has enabled the private sector to respond with market-stabilizing inflows of rice and wheat following major production shortfalls. At the same time, easing of restrictions on foreign investment, combined with substantial depreciation of the Taka, have enabled exports of the labor-intensive readymade garment industry to expand significantly. ...

India is the second-most populous country and the second-most important producer of rice of the world. Most Indian rice production depends on monsoon timing and dynamics. In 2002, the lowest monsoon precipitation of the last 130+ years was observed. It coincided with the worst rice production anomaly recorded by FAOSTAT from 1961 to 2014. In that year, freshwater limitation was blamed as respon...

We report the largest market basket survey of arsenic (As) in U.S. rice to date. Our findings show differences in transitional-metal levels between polished and unpolished rice and geographical variation in As and selenium (Se) between rice processed in California and the South Central U.S. The mean and median As grain levels for the South Central U.S. were 0.30 and 0.27 mimcrog As g(-1), respe...

The aim of the chapter is to discuss and illustrate different approaches taken in the area of empirical market segmentation in tourism, and to raise conceptual, practical and methodological problems in this context. The chapter is limited to the discussion of empirical market segmentation, which means that an empirical data set (typically resulting from a tourist survey) represents the basis. P...

This study examines individual behavior in two well-functioning marketplaces to investigate whether market experience eliminates the endowment effect. Field evidence from both markets suggests that individual behavior converges to the neoclassical prediction as market experience increases. In an experimental test of whether these observations are due to treatment (market experience) or selectio...

We consider a model of directed search where the sellers are allowed to post mechanisms with entry fees. Regardless of the number of buyers and sellers, the sellers are able to extract all the surplus of the buyers by introducing entry fees and making price schedules positively sloped in the number of buyers arriving to their shops. This is in contrast to results that are achieved for large mar...

The efficient market hypothesis states that investors immediately incorporate all available information into the price of an asset to accurately reflect its value at any given time. The sheer volume of information immediately available electronically makes it difficult for a single investor to keep abreast of all information for a single stock, let alone multiple. We aim to determine how quickl...