According to Acton: “Power corrupts and absolute power corrupts absolutely”. We study the implications of Acton’s dictum in models where citizens vote (for three parties) and governments then form in a series of elections. In each election, parties have Þxed tastes for graft, which affect negotiations to form a government if parliament hangs; but incumbency changes tastes across elections. We a...

People exaggerate the degree to which their future tastes will resemble their current tastes. We present evidence from a variety of domains which demonstrates the prevalence of such projection bias, develop a formal model of it, and use this model to demonstrate its importance in economic environments. Projection bias leads people to overvalue reference-dependent goods and magni...es the endowm...

We test predictions from theories of tournament, fairness and tastes for skewness about the effects of pay spread and skewness on employee effort and firm productivity. The data come from the population of 6,501 medium-to-large sized Danish private sector firms matched with all their employees during 1992-95. Potential simultaneity problems are addressed by instrumental variables provided by in...

Objective: The objective of this study was to assess the effect bolus taste variability on oropharyngeal swallowing in normal individuals versus stroke patients explore its role management dysphagia.Patients and Methods: This conducted 30 with dysphagia due healthy adults, who were assessed during 5 ml liquid boluses semisolid different tastes: sweet, salty, sour, bitter/spicy. They examined us...

This study aims to find out how the marketing strategy is using SWOT Analysis in Chocolate Beverage Product Businesses increase Competitiveness. uses a descriptive qualitative approach and analysis take advantage of opportunities, maximize strengths, reduce weaknesses, avoid threats. The results this indicate that chocolate beverage business implementing Strength Opportunity (SO) strategy, for ...

Aims of this study were 1) to determine the effect beef price, other goods prices, and consumer tastes on amount demand 2) market structure trade industry in Bandar Lampung City. The analytical method used was multiple linear regression with variables : price of, tastes. variable has a t-statistic value (2.222) (2.379)> t-table (1.664) taste (9,565) > (1.664). three have results F-statist...