Economics

Describe the methodology employed by Dohmen et al. (2011) to measure individual risk preferences and outline the main findings of the study.

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Exam question. Consider the following five rows of choices between lottery A and lottery B. Based on these, discuss what would be the choices of risk-averse, risk-neutral, or risk seeking individuals over the five rows. Row Lottery A Lottery B 1 Win €110 or €0 with 50% probability Win €15 with 100% probability 2 Win … Read more

Give an example of a market failure in the aviation industry and where the government either (a) stepped in to correct the action and its effects on the market (b) when the government did not step in to take corrective action and address the effects on the market.

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ECON 315 mod8 discussion. Give an example of a market failure in the aviation industry and where the government either (a) stepped in to correct the action and its effects on the market (b) when the government did not step in to take corrective action and address the effects on the market. Post an initial … Read more

Price and Non-price strategies-Discuss, commenting on the relative importance of price and non-price strategies.

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Price and Non-price strategies. “Price competition is important, but so too are non-price strategies, such as, advertising, investment in R&D, innovation, mergers and takeovers, and reputation building.” Discuss, commenting on the relative importance of price and non-price strategies.

Examine any one of these dimensions and support your analysis with 2 additional articles.

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Unemployment Forum. This forum is based on the articles posted below. The articles below cover different dimensions of Unemployment: E.g. Structural Unemployment, Unemployment in Europe, Youth Unemployment, Relationship between Education and Unemployment, Unemployment due to racial discrimination, Unemployment InManufacturing, Relationship between Tariffs and Unemployment etc. Examine any one of these dimensions and support your analysis … Read more