Book•
Intermediate microeconomics : A modern approach
01 Jan 2006-
TL;DR: The Varian approach as mentioned in this paper gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation, and is still the most modern presentation of the subject.
Abstract: This best-selling text is still the most modern presentation of the subject. The Varian approach gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation.
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TL;DR: In this paper, the authors investigated relationships between experiences with edutainment elements of Walt Disney World and SeaWorld parks in Orlando, FL and perceptions of natural resource uses, and found that the relationship between the experiences with entertainment and natural resource use was positively correlated.
Abstract: This analysis investigated relationships between experiences with edutainment elements of Walt Disney World and SeaWorld parks in Orlando, FL and perceptions of natural resource uses. While...
5 citations
TL;DR: GPs' attitudes to risk, statin therapy or management of non-adherence are not significantly associated with their patients' adherence, and subgroups of GPs with poor patient adherence are identified.
Abstract: Background Previous studies suggest that doctors' personal lifestyle, risk taking personality and beliefs about risk reducing therapies may affect their clinical decision-making. Whether such factors are further associated with patients' adherence with medication is largely unknown. Objective To estimate associations between GPs' attitudes towards risk, statin therapy and management of non-adherence and their patients' adherence, and to identify subgroups of GPs with poor patient adherence. Methods All Danish GPs were invited to participate in an online survey. We asked whether they regarded statin treatment as important, how they managed non-adherence and whether non-adherence annoyed them. The Jackson Personality Inventory-revised was used to measure risk attitude. The GPs' responses were linked to register data on their patients' redeemed statin prescriptions. Mixed effect logistic regression was used to estimate associations between patient adherence and GPs' attitudes. Adherence was estimated by the proportion of days covered in a 1-year period using an 80% cut-off. Results We received responses from 1398 GPs (42.2%) who initiated statin therapy in 12 192 patients during the study period. In total 6590 (54.1%) of these patients were adherent. Patients who had GPs rarely assessing their treatment adherence were less likely to be adherent than those who had GPs assessing their patients' treatment adherence now and then, odds ratio (OR) 0.86 [confidence interval (CI) 0.77-0.96]. No other associations were found between patients' adherence and GPs' attitudes. Conclusions Our findings suggest that GPs' attitudes to risk, statin therapy or management of non-adherence are not significantly associated with their patients' adherence.
5 citations
Dissertation•
01 Jan 2019
TL;DR: In this paper, personal preferences play a key role on judgment and investigating how these are formed and affected throughout the decision-making process can provide useful insights and give more accurate answers.
Abstract: The traditional economic theory of choice suggests that consumer behaviour is sufficiently explained in terms of monetary factors only, such as prices, quantities and incomes, and every other factor occurring is considered and treated as exogenous. The current research study suggests that the assumptions that the economic models are based on, lack realism, and as a result, they fail in explaining, predicting and even understanding the consumer’s choice. There is need for a broader interdisciplinary approach with more consumer centric subjects, such as Marketing and Consumer Behaviour Research, in order to consolidate both, quantitative and qualitative elements occurring during the decision-making process. In Consumer Behaviour research, the consumer is put in the heart of the analysis striving to provide answers regarding what really motivate them to proceed with a purchase, how the monetary factors are perceived and how the external stimuli are interpreted in mind. The relevance of these motives and their impact on consumer behaviour are tested in a large scale empirical study. The results illustrate that personal preferences play a key role on judgment and investigating how these are formed and affected throughout the decision-making process can provide useful insights and give more accurate answers.
5 citations
Cites background from "Intermediate microeconomics : A mod..."
...Rational consumers should constantly make the choices that provide the maximum level of satisfaction taking into account the income constraint (Varian, 2014)....
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...The overall expenditure for these goods cannot exceed the total available amount m, which is essentially the consumer’s budget set (Varian, 2014)....
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...Rationality suggests that individuals hierarch their needs in order of preference for those bundles of goods that provide the maximum utility level, subject to the limited available resources (Varian, 2014; Rabin, 2013; Jacoby, 2000; Ackerman, 1997; Thaler, 1980; Becker, 1962)....
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...…it suggests that ‘consumers choose specific bundles of goods and services available in the marketplace, in order to derive the maximum utility and their choices are uniquely determined by certain constraints limiting their behaviour, such as the available income and the price level’ (Varian, 2014)....
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...They are graphs that represent different bundles of two commodities from which the same amount of utility is derived for all possible bundles placed on the same curve (Varian, 2014)....
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Journal Article•
TL;DR: In this paper, an attempt to analyze through survey design-consistent consumption profiling the budget allocation pattern of urban poor in Metro Manila is made, where Econometric models of a complete system of Engel curves for the various consumption items are employed in the analysis.
Abstract: This study is an attempt to analyze through survey design-consistent consumption profiling the budget allocation pattern of urban poor in Metro Manila. Econometric models of a complete system of Engel curves for the various consumption items are to be employed in the analysis. A value-added characteristic of this research is the incorporation of the complex survey design features of the 2009 Family Income and Expenditure Survey to produce consistent and unbiased standard errors and parameter estimates used in a variety of inferences implemented.
5 citations
Cites background from "Intermediate microeconomics : A mod..."
...In microeconomic theory of consumer behavior, an Engel curve pertains to the income or expenditure expansion path of demand for a particular consumer good under constant prices (Varian 2005)....
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