In this paper we report two experiments that test a theory of adaptation to memory limits. A critical aspect of the theory is the assumption that people make bounded optimal decisions, where optimality is defined relative to a payoff function and relative to embodied cognitive constraints. The experiments use a no-choice/choice utility learning paradigm where the no-choice phase is used to elic...

The pressure on water infrastructure has increased due to an increase in the number of aging pipes. Aging pipes are prone failure, causing significant financial losses and service disruptions. increasing aged limited budget for pipe rehabilitation or replacement necessitates asset management ensure sustainable supply services. In this study, contingent valuation was used estimate willingness pa...

Three different definitions of effective temperature -- $\mathcal{T}_{\rm k}$, i}$ and r}$ related to kinetic theory, system entropy response respectively are applied in the description a non-equilibrium generalised massive Langevin model contact with dichotomous noise. The differences between $\mathcal{T}$ naturally wade out as reservoir reaches its white-noise limit, approaching Gaussian feat...

The discovery of bovine spongiform encephalopathy (BSE), commonly known as ‘mad cow disease’, in Japan caused anxiety about consuming beef and beef products. As a result, there was a sudden fall in sales of beef that hurt the Japanese beef industry as well as major beef exporters to Japan. We analyse factors that affect Japanese consumers’ willingness to pay (WTP) price premiums for BSE-tested ...

Single-site recreation demand and dichotomous choice contingent valuation analyses are typically conducted by implementing models containing strong parametric assumptions, which are rarely underpinned by theoretical arguments. This work illustrates how these assumptions can be relaxed and the estimation conducted semiparametrically by using generalized additive models (GAMs). This approach dire...

The main aim of the research was to analyze economic evaluation and determinants willingness pay decisions for efficient irrigation water use improvement. Use this purpose total 300 HHs selected using Multi-stage sampling technique. collected data analyzed econometrics model. In econometric part, a seemingly unrelated bivariate probit model applied estimate households’ mean its determinant’s us...

Mate choice is fundamental to sexual selection, yet little is known about underlying physiological mechanisms that influence female mating decisions. We investigated the endocrine underpinnings of female mate choice in the African cichlid Astatotilapia burtoni, a non-seasonal breeder. In addition to profiling behavioral and hormonal changes across the female reproductive cycle, we tested two hy...