Sentences with phrase «of economic behavior»

Journal of Economic Behavior & Organization, 116, 206 — 218.

In the stock market there is no physical process — only some abstract process that models the sum of the economic behavior of many actors.

It includes the study of economic behavior of particular units such as a person, firm, household, or industry.

But cooperation and altruistic tendencies also show up routinely in studies of economic behavior.

New research published in the Journal of Economic Behavior and Organization examines how past histories are harmful in negotiations, particularly when an event in the past benefited one party at the other's expense.

Most economists spend no time at all exploring this alternative dimension of economic behavior simply because it is not mathematically tractable.

According to the national economics standards, students should be taught only the «majority paradigm» or «neoclassical model» of economic behavior, for to include «strongly held minority views of economic processes risks confusing and frustrating teachers and students, who are then left with the responsibility of sorting the qualifications and alternatives without a sufficient foundation to do so.»

He has published articles in leading scholarly journals, including Journal of Economic Behavior & Organization, Economic Inquiry, Public Choice, and Quarterly Review of Economics and Finance.

Not exact matches

Members of Congress are working to adjust aspects of the Dodd - Frank regulatory overhaul, which was passed in the aftermath of the financial crisis in an effort to tighten the behavior of a banking industry blamed for much of the economic instability.

My dream, and I believe it is a rational possibility if not assured, is that as the ecology of our situation increases to exert pressure on us, that there will be a rapid emergent adaptation of behaviors effecting an «ecocultural» revolution in our socio - economic structures.

The wave of bad economic news is eroding confidence and buying power, driving consumers to adjust their behavior in fundamental and perhaps permanent ways.

This alternative to the regular Consumer Price Index takes into account an economic phenomenon called the substitution effect, which reflects changes in consumer behavior when prices of substitutable goods move in different directions.

By varying the monkeys» budgets and the amounts of food they would receive for a disk, the researchers found that the monkeys» behavior was within 1 % of what could be predicted from economic theory.

Figure 1 shows this value - destroying behavior in action for GE (GE) by comparing between the amount of money spent buying back shares and the price to economic book value (PEBV), a measure of the growth expectations embedded in the stock price.

But as Temin and Vines show, history is much more usefully seen as the evolution of often complex institutions — financial, political, legal, cultural, and so on — through which economic behavior is mediated and which affect the ways in which recurring patterns of finance, commerce and trade unfold, and that without an understanding of history we lose so much complexity in our models that we often end up making very obvious mistakes.

As the gap widens, it creates rising uncertainty about how excess debt servicing costs will ultimately be allocated, and at the point at which this uncertainty is high enough to alter materially the behavior of economic agents, and so lower the net asset value of the economic entity, the borrowing country has «excessive» debt.

A subset of small businesses is still putting growth goals on hold as they monitor consumer behavior and the economic recovery.

Massive demographic and economic shifts, as well as historic levels of technological and media disruption, are turning this once predictable industry — where «average» was king — into a sea of turbulent change, leaving consumer behavior permanently altered.

Suffice it to say that while there remain some bright spots in market action, such as the overall profile of market breadth (as measured by the simple NYSE advance - decline line), as well as bright spots in economic figures, such as Friday's upbeat jobs number and the reasonable behavior of credit spreads to - date, the weight of the evidence is increasingly cautious.

It is an indispensable tool profiling the state of the market and how investor demographics, preferences and behaviors have changed in a world economic environment where markets are volatile and uncertainty prevails.

The economic cost of changes in behavior due to taxes, government benefits, monopolies, and other forces that interfere with the otherwise - efficient operation of a market economy.

In China, the Heisenberg uncertainty principle of physics holds sway, whereby the mere observation of economic numbers changes their behavior.

Yet, it's only the latest in a string of events that risk fundamentally altering norms that have dictated economic behavior for the past 70 years.

One reason why it is so important to describe real estate behavior in terms of economic theory is that a rising proportion of the economy's industrial investors are behaving more like real estate investors than like the textbook models based on manufacturing.

This measure is simply net income divided by Economic Capital, but it is quite revealing in terms of understanding bank business models and behavior.

The official said China had not changed its behavior, despite years of negotiations in the World Trade Organization and economic dialogues with the last three administrations.

Another behavior is anchoring, where investors are slow to react to fundamental changes in economic, corporate or market developments because of an irrational attachment to a perceived value, even in the face of changing information.

Bill Hester notes that going back as far as Depression era data, that same behavior coupled with a rich Shiller P / E (anything above the mid-teens) and a preponderance of daily declines in recent data (say down 11 days out of 14) has preceded even worse outcomes - particularly in the context of a weak economic backdrop.

Although it may sound strange, developing entire fictional characters with distinct behavior patterns, values, pain points, budgets, and even skill levels can prove a significant help in segmenting your market and targeting the types of visitors, leads, and customers that will best increase your website's economic output.

The global roller coaster ride of economic woes has undoubtedly caused shifts in buying behaviors and processes.

These factors — many of which are beyond our control and the effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation, legal and regulatory environment, competitive and systemic risks and other risks discussed in the risk sections of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing prices and household indebtedness, information technology and cyber risk, regulatory change, technological innovation and new entrants, global environmental policy and climate change, changes in consumer behavior, the end of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the effects of changes in government fiscal, monetary and other policies, tax risk and transparency and environmental and social risk.

This behavior has slowed the pace of overall economic growth, but it has also prevented the excesses that have led to corrections in the past.

The most offensive aspect of Romney's is its crude application of the theory that economic incentives not only influence but determine political behavior, including voting.

Public assistance programs discourage individual and familial responsibility while simultaneously shielding self - destructive behavior from the sanction of economic consequences.

A nonmoral economic system tends to create a society either of acquisitive or of collective automatons, depending on the principles relied upon to regulate economic behavior.

society, where sin is viewed as little more than psychological maladjustment, or behavior arising out of corrupt economic structures, or as a failure of the educational system, baptism reminds us that, in spite of Gestalt and I'm OK, You're OK, what we do naturally is not the best we could do, that our inborn selfishness and pride are life - and - death matters, that Christians are made, not born.

It can create social unrest and economic despair leading to many forms of destructive behavior.

There is obviously a measure of truth in this understanding of human beings in their economic behavior.

Human nature, in the sense of man's basic physical, emotional, impulsive and intellectual constitution, somehow moral at the core, seemed plainly more fundamental than any particular sort of human behavior, even economic; and human nature itself emerges in a world order far more ancient and more fundamental still.

Niebuhr said that the thesis of his book was that a «sharp distinction must be drawn between the moral and social behavior of individuals and of social groups, national, racial, and economic; and that this distinction justifies and necessitates political policies which a purely individualistic ethic must always find embarrassing.

While there are very few uses of arsenokoitai in Greek literature after Paul, some of the few uses that have survived indicate it referred to economic exploitation, not same - sex behavior.

The most influential is the portrayal of human behavior in economic theory.

Recent findings have provided direct empirical and quantitative support for economic models that acknowledge the influence of emotional factors on decision - making behavior.

Modern economics is thc science of self - interest, of how to best accommodate individual behavior by means of markets and the commodification of human relations... In this economic world view, the traditional human faculty of reason gets short - changed and degraded to act as the servant of sensory desires.

The latter is concerned primarily with a mere fragment of human behavior, our «economic» actions, those which can be quantified in terms of money.

It argues that a sharp distinction must be drawn between «the moral and social behavior of individuals and of social groups, national, racial, and economic; and that this distinction justifies and necessitates political policies which a purely individualistic ethic must always find embarrassing.

Now we must ask, is this an accurate picture of human economic behavior?

A more likely source is the decline of the black family (approximately three - fifths of current black births are illegitimate) and the effect that liberal economic and social policies have had on encouraging dysfunctional social behavior and in undermining those forces within the city such as religion that have attempted to hold back the new urban barbarism.

From the perspective of the Chicago school, there is no behavior that is not interpretable as economic, however altruistic, emotional, disinterested and compassionate it may seem to others...

Second, these groups are also most likely to respond to short - term economic forces, given the lack of conventional religious ties that might anchor their political behavior.