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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of theoretical economics. All manuscripts m…
Adjnu Damar-Ladkoo
The aim of this exploratory study was to gather understandings about guerilla marketing of fresh organic agricultural products from the perspectives of: farmers, marketers and customers in Mauritius, considered being one of the thriving islands of the Indian…
Pattarin Adithipyangkul
Subjective, non-verifiable information (such as satisfaction rating) is often used to supplement objective, verifiable information (such as financial numbers) in contracting. Empirical research finds that non-verifiable information can be used in contracting…
Huanhuan Yu
The Qing tributary system, which is centered on China, has been regarded as a universally acknowledged and distinguished regional order in pre-modern East Asian. This system is made up of a series of informal, formal institutions and the system of governance.…
José A. Hernández, César Guerrero-Luchtenberg
This paper describes how social capital emerges, relates to economic performance and evolves in the long run. Using the concept of psychological equilibrium, two types of individuals are generated in the population regarding their willingness to cooperate. We…
Yasunori Fujita
By reformulating the Cournot model by making use of the optimal stopping theory, we reconsider the excess entry theorem for a stochastic market. It is revealed that: 1) free entry in a stochastic oligopolistic market is socially excessive, owing not only to t…
Tom Burns, 1 1, Ewa Roszkowska
The main purpose of this paper is to provide a brief overview of the rational choice approach, followed by an identification of several of the major criticisms of RCT and its conceptual and empirical limitations. It goes on to present a few key initiatives to…
Mohamed I. Gomaa, Stuart Mestelman, S. M. Khalid Nainar, Mohamed Shehata
We present a controlled laboratory environment in which we use an ultimatum game to generate two endogenous fairness indices. We use these as alternatives to the more conventional exogenous measure, the offer index, in a model of offer-acceptance which includ…
David Floyd, Barry Ardley, Sandhla Summan, Mizan Rahman, Dimitrios Vortelinos
Should we be more concerned about the foreign ownership of UK Brands? Is Britain making the most of its industrial brands? Much has been made of these questions and the recent contracting out of nuclear energy to China. This is only one of several examples of…
Ann M. Cummins, Nicole J. Olynk Widmar, Candace C. Croney, Joan R. Fulton
The best-worst scaling method was used to investigate consumers’ perceptions of the relative importance of seven different pork production and product attributes. Demographic information was then analyzed to determine which consumer characteristics were stati…
Shivam Singh, Alok Dixit
This study attempts to analyse one-day-ahead out-of-sample performance of the stochastic volatility model of Heston (SVH) in the Indian context. Also, the study compares the ex-ante performance of the SVH with that of a Two-Scale-Realised-Volatility (TSRV)-ba…
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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of theoretical economics. All manuscripts m… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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