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  1. On measurement and continuity in neoclassical economics
    the Pareto-Cassel controversy, 1899-1902
    Autor*in: Arthmar, Rogério; McLure, Michael
    Erschienen: [2020]
    Verlag:  The University of Western Australia, Economics, [Crawley, WA]

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    Schriftenreihe: Discussion paper / The University of Western Australia, Economics ; 20, 21
    Schlagworte: utility; measurement; continuity; scarcity; general equilibrium
    Umfang: 1 Online-Ressource (circa 21 Seiten)
  2. Exploring the need for uniqueness and conformity
    Autor*in: Burghartz, Pia
    Erschienen: [2021]

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  3. Psychological effects of poverty on time preferences
    Autor*in: Bartoš, Vojtěch; Bauer, Michal; Chytilová, Julie; Levely, Ian
    Erschienen: July 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We test whether an environment of poverty affects time preferences through purely psychological channels. We measured discount rates among farmers in Uganda who made decisions about when to enjoy entertainment instead of working. To circumvent the... mehr

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    We test whether an environment of poverty affects time preferences through purely psychological channels. We measured discount rates among farmers in Uganda who made decisions about when to enjoy entertainment instead of working. To circumvent the role of economic constraints, we experimentally induced thoughts about poverty-related problems, using priming techniques. We find that thinking about poverty increases the preference to consume entertainment early and to delay work. Using monitoring tools similar to eye tracking, a novel feature for this subject pool, we show that this effect is unlikely to be driven by less careful decision-making processes.

     
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    hdl: 10419/245658
    Schriftenreihe: Discussion paper series / IZA ; no. 14607
    Schlagworte: Armut; Intertemporale Entscheidung; Verhaltensökonomik; Arbeitsverhalten; Experiment; Uganda; poverty; scarcity; time preferences; self-control; inattention
    Umfang: 1 Online-Ressource (circa 112 Seiten), Illustrationen
  4. The impact of product characteristics of limited-edition shoes on perceived value, brand trust and purchase intention
    Autor*in: Tri Minh Ha
    Erschienen: 2021

    Individuals perceive that scarce goods are more costly than non-scarce goods and the nature and status of these products explains why scant products are more desirable. Limited-edition shoes (LES) are currently trendy among the younger generations in... mehr

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    Individuals perceive that scarce goods are more costly than non-scarce goods and the nature and status of these products explains why scant products are more desirable. Limited-edition shoes (LES) are currently trendy among the younger generations in Vietnam and can be seen as a new marketing tool for Vietnamese sneaker brands to exploit. For such a motivation, we develop a theoretical model to study the product characteristics of LES and a purchase intention relying on uniqueness, psychological reactance and commodity theories. Specifically, our study examines the power of product characteristics of LES, including scarcity, uniqueness and self-expression, on social and economic values, brand trust and purchase intention. Our work adopts a questionnaire-based survey designed to gather data from 336 participants using convenience and snowball sampling techniques. Data collection focuses on young Vietnamese consumers with ages ranging from 18 up to and including 25. Our findings reveal that all product characteristics of LES are positively related to social and economic values, except self-expression and social value relationship. Additionally, social and economic values are confirmed to be significantly related to brand trust and purchase intention, although not between brand trust and purchase intention. Finally, our study offers theoretical contributions and practical implications.

     
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    hdl: 10419/245094
    Übergeordneter Titel: Enthalten in: Cogent business & management; London : Taylor & Francis, 2014; 8(2021), 1, Artikel-ID 1953680, Seite 1-19; Online-Ressource

    Schlagworte: brand trust; economic value; limited-edition shoes; purchase intention; scarcity; social value; uniqueness
  5. Does scarcity reduce cooperation?
    experimental evidence from rural Tanzania
    Autor*in: Agneman, Gustav; Falco, Paolo; Joel, Exaud; Selejio, Onesmo
    Erschienen: October 2020
    Verlag:  University of Copenhagen, Faculty of Social Sciences, Department of Economics, [Copenhagen]

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    Schriftenreihe: Working paper series / Development Economics Research Group ; 04 (2020)
    Schlagworte: scarcity; cooperation; field experiment
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  6. From addition to multiplication
    the labour theory of value and the economic institutions of capitalism : part two: neither micro nor macro: understanding the evolution of aggregate variables in a capitalist system
    Autor*in: Battistini, Alberto
    Erschienen: [2022]
    Verlag:  Università di Siena, [Siena]

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    Schriftenreihe: Quaderni del Dipartimento di economia politica e statistica ; n. 885 (luglio 2022)
    Schlagworte: crisis; growth; competition; scarcity; business cycle; abstraction
    Umfang: 1 Online-Ressource (circa 49 Seiten)
  7. Scarcity and intertemporal choice
    Autor*in: Sharma, Eesha; Tully, Stephanie M.; Wang, Xiang
    Erschienen: [2022]
    Verlag:  Research Department, Federal Reserve Bank of Philadelphia, Philadelphia, PA

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    Schriftenreihe: Working papers / Research Department, Federal Reserve Bank of Philadelphia ; 22, 27 (August 2022)
    Schlagworte: scarcity; myopia; intertemporal choice; financial decision-making; economic psychology
    Umfang: 1 Online-Ressource (circa 101 Seiten), Illustrationen
  8. Scarcity and consumption priorities
    Autor*in: Dahan, Momi; Sayag, Doron
    Erschienen: March 2023
    Verlag:  CESifo, Munich, Germany

    This paper focuses on whether households facing economic scarcity tend to change consumption priorities as measured by the share of spending on necessity goods relative to luxury goods in a large national supermarket chain in Israel for the years... mehr

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    This paper focuses on whether households facing economic scarcity tend to change consumption priorities as measured by the share of spending on necessity goods relative to luxury goods in a large national supermarket chain in Israel for the years 2011-2018. Based on detailed weekly revenue data from that supermarket chain, we found that in weeks of economic scarcity (i.e., weeks without payments of social security allowances or salary), the spending on necessity goods, which are regulated products, is down by 4.8%, but the cut in spending on luxury goods is even more pronounced at 8%, and the difference between these two types of goods is up significantly by 3.2%. Within the luxury category, we observe a 10% or more decline in feast-related goods, indicating a "feast and famine" consumption strategy. Nevertheless, spending on food with label claims such as gluten-free and omega-3 eggs, is smaller (6%) than the overall spending on luxury goods in scarcity week but more than the overall spending on necessities.

     
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    hdl: 10419/271960
    Schriftenreihe: CESifo working papers ; 10316 (2023)
    Schlagworte: scarcity; consumption; necessity; luxury
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  9. Safe asset scarcity and re-use in the European repo market
    Autor*in: Inhoffen, Justus; Lelyveld, Iman van
    Erschienen: 2023
    Verlag:  DIW Berlin, German Institute for Economic Research, Berlin

    We construct the first measure of collateral re-use at the bank and bond level for the European repo market using a regulatory transaction dataset. We show that banks materially increase the rate of re-use in response to tightened asset scarcity... mehr

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    We construct the first measure of collateral re-use at the bank and bond level for the European repo market using a regulatory transaction dataset. We show that banks materially increase the rate of re-use in response to tightened asset scarcity induced by the Eurosystem's asset purchase program. We find that dealers accommodate clients' demand for safe assets rather than liquidity and profit from the repo rate spread. Yet, dealers also re-use collateral to source liquidity which exposes them to collateral runs. Our results contribute to the policy debate on trade-offs between shock absorption and financial stability risks of collateral re-use.

     
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    hdl: 10419/275825
    Schriftenreihe: Discussion papers / Deutsches Institut für Wirtschaftsforschung ; 2050
    Schlagworte: collateral reuse; rehypothecation; safe assets; scarcity; repo market
    Umfang: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  10. Strategic use of product delays to shape word-of-mouth communication
    Autor*in: Parakhonyak, Alexei; Vikander, Nick
    Erschienen: [2024]
    Verlag:  Department of Economics, University of Oxford, Oxford

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    Schriftenreihe: Department of Economics discussion paper series / University of Oxford ; number 1032 (January 2024)
    Schlagworte: word of mouth; product delays; scarcity; capacity constraints
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  11. Scarcity, capabilities, and the fact/value dichotomy
    Vivian Charles Walsh's neglected contribution to economics and philosophy
    Autor*in: Erasmo, Valentina
    Erschienen: [2024]
    Verlag:  Università degli studi di Torino, Department of Economics and Statistics "Cognetti de Martiis", Torino (Italy)

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    Schriftenreihe: Working paper series / Dipartimento economia e statistica Cognetti de Martiis ; 24, 05
    Schlagworte: achievements; capabilities; fact/value dichotomy; scarcity
    Umfang: 1 Online-Ressource (circa 46 Seiten)
  12. Safe asset scarcity and re-use in the European repo market
    Autor*in: Inhoffen, Justus; Lelyveld, Iman van
    Erschienen: [2024]
    Verlag:  Tinbergen Institute, Amsterdam, The Netherlands

    We construct the first measure of collateral re-use at the bank and bond level for the European repo market using a regulatory transaction dataset. We show that banks materially increase the rate of re-use in response to tightened asset scarcity... mehr

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    We construct the first measure of collateral re-use at the bank and bond level for the European repo market using a regulatory transaction dataset. We show that banks materially increase the rate of re-use in response to tightened asset scarcity induced by the Eurosystem's asset purchase program. We find that dealers accommodate clients' demand for safe assets rather than liquidity and profit from the repo rate spread. Yet, dealers also re-use collateral to source liquidity which exposes them to collateral runs. Our results contribute to the policy debate on trade-offs between shock absorption and financial stability risks of collateral re-use.

     
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    Schriftenreihe: Array ; TI 2024, 018
    Schlagworte: collateral reuse; rehypothecation; safe assets; scarcity; repo market
    Umfang: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  13. Is there always a trade-off between insurance and incentives?
    the case of unemployment with subsistence constraints
    Autor*in: Mesén Vargas, Juliana; Van der Linden, Bruno
    Erschienen: [2017]
    Verlag:  Institut de recherches économiques et sociales de l'Université catholique de Louvain, Louvain-la-Neuve, Belgique

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    hdl: 2078.1/187727
    Schriftenreihe: Discussion paper / Institut de recherches économiques et sociales de l'Université catholique de Louvain ; 2017, 14
    Schlagworte: liquidity effect; scarcity; monetary costs; optimal insurance
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  14. Quel dialogue social pour accompagner la transition écologique ?
    Autor*in: Gazier, Bernard; Bruggeman, Frédéric
    Erschienen: février 2024
    Verlag:  Centre d'économie de la Sorbonne, Paris

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    Schriftenreihe: Documents de travail du Centre d'économie de la Sorbonne ; 2024, 02
    Schlagworte: Social dialogue; Ecological transition; scarcity; labour market; quality of work
    Umfang: 1 Online-Ressource (circa 21 Seiten)
  15. Safe asset scarcity and re-use in the European repo market
    Autor*in: Inhoffen, Justus; Lelyveld, Iman van
    Erschienen: [2023]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, The Netherlands

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    Schriftenreihe: DNB working paper ; no. 787 (July 2023)
    Schlagworte: collateral reuse; rehypothecation; safe assets; scarcity; repo market
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen