infonet-economy

Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List and how much each nation is to contribute to that purpose. Each World Heritage site conserved is acknowledged through the issuance of a…

Gegenwärtig spielt sich in der Ökonomie eine beinahe revolutionäre Entwicklung ab. Die direkte empirische Erfassung des subjektiven Wohlbefindens fordert die traditionelle Ökonomie heraus, inspiriert sie zu neuen Einsichten und eröffnet neue Wege der wissenschaftlichen Forschung. Ansatz und Möglichkeiten der ökonomischen Analyse des Glücks werden aufgezeigt und anhand von zwei…

"Four types of “economics” relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of Neoclassical Economics with elements from other social sciences (including…

Within the discussion of voluntary proactive approaches to environmental protection, former microeconometric studies analyze the causal effect of the adoption of environmental management systems (EMS) on technological environmental innovations and find some positive impacts. Based on empirical studies which consider the effect of general innovativeness on the adoption of voluntary…

Several studies in the marketing literature show that perceptual brand metrics are related to the intangible value of a firm and improve the ability to predict future cash flows. Using perceptual brand data for the three largest economies in Europe, the authors extend previous research by investigating whether perceived brand familiarity, differentiation and energy are reliable…

Models should be relevant for coping with the complexity of the real world. At the same time, the methods by which they are constructed and validated must be rigorous; otherwise the quality of the model suffers.
We take a test of model structure, demonstrating a new technique of analysis of the model's structure called Structural Dominance Analysis (SDA). SDA has been…

Companies have to choose not only an appropriate organization of sales force activities but also an optimal level of integration in order to align the sales force with other channels. Based on an exploratory qualitative study, a conceptual model for determining sales force activities is developed and tested empirically. We found a positive impact of using the sales force in a target-…

A factor that unquestionably amplified the magnitude of the financial crisis was widespread miscalculation by banks and investors. It raises the question why most directors in the bank did not have the foresight to predict the problems of taking on too much risk. This article argues that one reason for these failures may be the under-representation of varied educational backgrounds…