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Using a scanner data set for red wine market transactions in two US markets, this study estimated price premiums and discounts related to a range of packaging characteristics employing a hedonic pricing model.
To help inform the design and review of alternative public regulatory policies towards paid adult sex markets, this study uses economic reasoning to explore the nature of client participation.
But if Bitcoin ever becomes a major force in global markets, this study at least shows how economists will be able to revel in the increased understanding and insight they will get into the way a currency performs in the real world.
To trace out the dynamic interlinkages between the stock markets, this study uses the variance decomposition techniques of the VAR model.
First, as already mentioned, unlike wage cyclicality estimates for countries with flexible labour markets, this study provides one estimate for a rigid labour market scenario.
To trace out the short term dynamic relationships and to identify the interlinkages and the long run equilibrium relationships between the stock markets, this study uses the variance decomposition techniques of the VAR model, the vector error correction model (VECM), and the Johansen maximum likelihood test statistic.
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In order to develop effective marketing and operational strategies for the international air travel market, this study highlights the importance of exploring airline choice behaviors by routes and segments.
By creating a large number of heterogeneous consumer agents in an artificial market, this study uses multi-agent simulation (MAS) to exhibit the emergent decoy effect phenomenon, which is a market dynamic phenomenon originating from the individual behavior of heterogeneous consumers and their interactions in the real-world complex market.
Given the complexity of the innovation process in this industry, mainly due to an interactive relationship with the market, this study adopts a socio-technical transition perspective in order to understand the type of technological innovations that automobile companies have developed for reducing CO2 emissions from their products during a period of regulatory uncertainty.
Finally, given the importance of workers' skills in the Canadian labor market, this study analyzes the benefits of adult training by skills status with a focus on less skilled workers.
Whereas previous research has found that remittances can play a role in moving children out of the labor market, this study also finds that remittances can significantly reduce the number of hours worked by children who continue to engage in economic activity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com