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The goal of this study was to improve the current understanding of labor market demands for various skills and attributes of college graduates. Changes such as globalization, technological advancements and the emergence of the knowledge economy have caused educational institutions to focus their...
Persistent link: https://www.econbiz.de/10010916504
Applying John R. Commons institutional economic framework, this paper analyzes the evolution of the key institutions in the Malian cotton sector starting with the CFDT contract following the country‘s Independence in 1960; the nationalization of the cotton gin company, CMDT, in 1974; the completion of...
Persistent link: https://www.econbiz.de/10010881120
Asymmetry of information is a fundamental problem in agricultural markets. Production contracts remain incomplete if product quality attributes measured by the buying company remain unobservable for the selling farmer. Opportunistic buyers would report lower than actual output quality,...
Persistent link: https://www.econbiz.de/10010916645
This paper analyzes the impact of economic prospects on one’s time preference. Research in psychol- ogy has shown how individuals modify their preferences in order to reduce their cognitive dissonance, which is the uncomfortable tension felt when simultaneously holding conflicting thoughts. It...
Persistent link: https://www.econbiz.de/10010881193
Paper removed at the request of the author.
Persistent link: https://www.econbiz.de/10010916655