排序方式: 共有27条查询结果,搜索用时 21 毫秒
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Within the context of the study, a firm is said to have an advantageover another if it obtains more customers given they both chargethe same price. Further, consumer switching costs imply thelarger the difference in the prices charged by the two firmsthe greater the proportion of consumers who switch from thehigher-priced firm to the lower-priced one. The Nash equilibriumto the price-posting game is characterized The firm with theadvantage charges a higher price Finally, it is shown that ifone firm can freely choose to have an advantage, it will rejectit. This follows as the greater the advantage, the smaller theequilibrium profits to both firms. 相似文献
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This paper constructs a simple rural‐urban migration model that explicitly incorporates the interactions between the individual's migration decision, the risk of incurring an infectious disease and unemployment. We show that providing a subsidy for health investment in urban regions in the form of medical aid does not improve individual welfare. This is because it induces further urban migration, increases the risk of infection and unemployment, and offsets completely the positive cost‐reduction effect. 相似文献
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Despite the stated importance of the audit review process in auditing standards and textbooks, research on the process itself is limited. This study provides evidence on the nature and purpose of the review process by examining the actual review notes prepared by managers of a Big-6 accounting firm. A sample of twenty-eight audit engagements resulting in 3,008 separate review notes was examined. The results suggest that quality control aspects appear to be the main focus of the review process. Review notes sometimes indicated the need to gather further information and/or undertake additional testing, and provided direct as well as indirect advice on the audit approach to subordinates. Few surprises resulted from the review process, and the review notes and approaches varied among managers. 相似文献
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WILLIAM B. WALSTAD KEN REBECK RICHARD A. MacDONALD 《The Journal of consumer affairs》2010,44(2):336-357
This study investigated the effects of a financial education program on high school students' knowledge of personal finance. A comparison of pretest and posttest scores achieved on a reliable and valid thirty-item instrument suggested that the Financing Your Future curriculum increased financial knowledge across many concepts. The scores increased regardless of the course in which the curriculum was used and across student characteristics. The assessment contributes to the growing literature showing that a well-specified and properly implemented program in financial education can positively and significantly influence the financial knowledge of high school students. 相似文献
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This paper refers to evidence from studies of young adults conducted in eight different ex‐communist countries from 1993 onwards, but it is based primarily on data gathered in Ukraine, Georgia and Armenia in 2002. The evidence is used to chart the disintegration of the intelligentsia strata that were consolidated under communism. Members were highly educated and were unified by an intelligentsia lifestyle that included the consumption of state‐subsidized high culture and typically involved interest and participation in public affairs. The evidence that is presented shows that under post‐communism higher education graduates continue to be distinguished by their consumption of high culture. However, their occupations are more diverse in terms of work and market situations. Many, especially those in the more intellectual occupations, have been impoverished, state subsidies for their lifestyles having been withdrawn or reduced, making their lifestyles more expensive. The better‐off are now even more exposed to and involved in the new consumer cultures. This paper explains how the cessation of the intelligentsia’s reproduction as a lifestyle group, and the spread of commercial leisure, will have contributed to the post‐1989/91 decline in political interest and activity among young people in the former communist countries of eastern Europe. 相似文献
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One of the most controversial assumptions in endogenous time preference theory is that the degree of impatience is marginally increasing in wealth. We examine the implications of an empirically more relevant specification whereby time preference exhibits decreasing marginal impatience (DMI). With DMI, there are multiple steady‐state non‐satiated and satiated equilibria. In a constant interest rate economy, the non‐satiated steady‐state point is necessarily unstable. In a capital economy with decreasing returns technology, both the non‐satiated and satiated steady‐state points can be saddlepoint stable. The model is used to examine policy implications for the effects of capital taxation and government spending. 相似文献