We provide evidence that individuals optimize imperfectly when making annuity decisions, and this result is not driven by loss aversion. Life annuities are more attractive when presented in a consumption frame than in an investment frame. Highlighting the purchase price in the consumption frame does not alter this result. The level of habitual spending has little interaction with preferences fo...

abstract main objective of this paper is to evaluate supportive policies of beef producers during the first, second, third and fourth terms of economic, social, and cultural development plans (1989 - 2008).to evaluate the policies, the producers support estimate(pse) index and other indicators (pse %, npc & nac) were used. furthermore, percentages of pse were calculated in different scenarios o...

Tianjin residents attach great importance to vegetable consumption, and the industry is an important support for promoting transformation of Tianjin’s modern urban agriculture. In this study, we reviewed research results domestic foreign scholars on influencing factors consumption behavior, combined with field surveys, used economic theory empirical analysis methods analyze in depth residents’ ...

——————————————————————————————————— We develop a model where agents can allocate their wealth between a liquid asset, which can be used to purchase consumption goods, and an illiquid asset, which represents a better store of value. Should a consumption opportunity arise, agents may visit a frictional “over-the-counter” secondary asset market where they can exchange illiquid for liquid assets. W...

Male psychiatric patients who participated in a token system were exposed to changes in the token price of available commodities. In the first experiment, the price of cigarettes was first raised, then lowered. As predicted, consumption of cigarettes decreased during price increases and increased during price decreases. Contrary to expectations, subjects did not consume less of other commoditie...

We present a model of life-insurance purchase that takes into account the age of the beneficiary. The beneficiaries considered herein are young children with no resources whose consumption needs are protected by purchasing life insurance if the breadwinner dies. We show that income transfer grows as the child ages; however, the size of contingent bequest shrinks because the need for protection ...

Aims: This study was carried out in order to determine the purchasing and consumption preferences of consumers for chicken meat.Methods Results: In this context, data obtained from survey conducted with 392 low, middle high income groups province Hatay constitute main material study. research, statistical Turkish Statistical Institute Egg Producers Central Union previous studies on subject were...

BACKGROUND The incidence of reported adolescent and adult pertussis continues to rise in the United States. Acellular pertussis vaccines for adolescents and adults have been developed and may be available soon for use in the U.S. Our objectives were: (1) to describe patient valuations of pertussis disease and vaccination; and (2) to compare valuations for short-term and long-term health states ...

Environmental valuation techniques can be successfully used to estimate the social costs of noise annoyance experienced by households. A Contingent Valuation (CV) survey of 600 households affected by noise in two Norwegian communities found a mean willingness-to-pay (WTP) of about 120 euro/household/year for a public program that would reduce transportation and community noise. The program woul...