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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…
Lydie Myriam Marcelle Amelot, Subadar Agathee Ushad, Matthew Lamport
The present study investigates the efficiency of the forex market based on the theory of the Efficient Market Hypothesis in Mauritius, a well-diversified and emerging economy in the African region. Hence, this study considers the case of Mauritian forex marke…
Guo Ying Luo
This paper reviews the articles with the focus on the validation of the notions of different equilibria in irrational markets. In all those articles, the evolutionary idea of natural selection is used to explain the eventual occurrences of different equilibri…
Francis E. Raymond
In his seminal 1931 paper, Harold Hotelling demonstrates that in a competitive market for a nonrenewable resource, the price of the resource changes at a rate equal to the interest rate, or to the return on capital. This analysis augments and further justifie…
Pariag-Maraye Neeveditah, Ansaram Karishma, Ramkalawon Nitoosheeka Devi
The objective of this paper is to examine the relationship between environmental management practices adopted by listed firms on the Stock exchange of Mauritius and their impact, if any, on their financial performance. A content analysis of annual reports of…
Jiamian Tian, Lei Shen, Ye Chen
Prosumption, which implies that buyers produce products for their own consumption, is becoming a new phenomenon in the context of network sharing economy. With the development of information technology, customers who are accustomed to online shopping are more…
Miguel Sahagun, Arturo Z. Vasquez-Parraga
When individuals decide to adopt imported products, they associate these products with one or more places. Thus, consumers are likely to think about the new cultures, ideas, and behaviors associated with these places. When adopting imported products some cons…
Deborah J. Webb, James H. Murphy, Cheryl O. Brown
We model environmentally conscious consumption behavior (ECCB) with three psychometric values constructs: Schwartz’s Self-Transcendence Values, Kahle’s List of Values, and Richins and Dawson’s Materialism. Comparison of competing models and non-nested specifi…
Ngoc Pham, Arturo Vasquez, Reto Felix
This study investigates the impact of female sex hormones on women’s consumption of fashion products. These hormones reach peak level when women are near ovulation, and this research examines how these hormones, when at peak level, influence women’s attitudes…
Yoshito Funashima
This paper considers a simple model in which government spending is productive and has a complementary relationship with private consumption to study the response of the latter to government spending. We discuss how these two characteristics can yield empiric…
Atanu Adhikari
Psychological researchers, while studying internal reference price, have dealt with different types of psychological effects like attraction effect and compromise effect. While studying consumer reference price and willingness to pay, marketing researchers ha…
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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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