Empirical research often requires a method how to convert a deterministic economic theory into an econometric model. A popular method is to add a random error term on the utility scale. This method, however, violates stochastic dominance. A modification of this method is proposed to avoid violations of dominance. The modified model compares favorably to other existing models in terms of goodnes...

Abstract In a world where exposure to untrustworthy communicators is common, trust has become more important than ever for effective marketing. Nevertheless, we know very little about the long‐term consequences of sources, such bullshitters. This research examines how sources—liars and bullshitters—influence consumer attitudes toward product. Frankfurt's (1986) insidious bullshit hypothesis (i....

In this paper, we address the question that does FDI alone affect economic growth or interaction of FDI and human capital is required to boost economic growth. We develop the model with an expanding variety of products. We estimate the model using some advanced tests utilizing data on FDI flows from developed countries. We find stronger complementary effects between FDI and human capital on the...

Abstract Studies investigating the effect of aboveground herbivory on plants often use clipping to simulate effects herbivores, for practical reasons. However, herbivore movements and transfer oral secretions during may cause a different response in plant physiology morphology compared clipping. While studies have real vs. biomass production, physiology, shoot morphology, no study has such root...

OBJECTIVE We compared the levels of academic, physical, and social functioning of children and adolescents with chronic physical diseases with those of healthy peers or test norms. METHODS A random effects meta-analysis was computed to integrate the results of 954 studies. RESULTS Impairments of physical functioning (g = 0.82 standard deviation units) were stronger than impairments of acade...