综合经济学
Many e-commerce marketplaces offer their users fast delivery options for free to meet the increasing needs of users, imposing an excessive burden on city logistics. Therefore, understanding e-commerce users' preference for delivery options…
People often receive good news that makes them feel better about the world around them, or bad news that makes them feel worse about it. This paper studies how the valence of news affects belief updating, absent functional and ego-relevant…
Discrete choice models with social interactions or spillovers may exhibit multiple equilibria. This paper provides a systematic approach to enumerating them for a quantitative spatial model with discrete locations, social interactions, and…
This research aims to provide a framework to assess the contribution of digital currencies to promote financial inclusion, based on a diagnosis of the landscape of financial inclusion and domestic and cross-border payments in Latin America…
Research has investigated the impact of the COVID-19 pandemic on business performance and survival, indicating particularly adverse effects for small and midsize businesses (SMBs). Yet only limited work has examined whether and how online…
Equity premium, the surplus returns of stocks over bonds, has been an enduring puzzle. While numerous prior works approach the problem assuming the utility of money is invariant across contexts, our approach implies that in efficient…
This paper develops an econometric model of flight delays to investigate the influence of competition and dominance on the incentives of carriers to maintain on-time performance. We consider both the route and the airport levels to inspect…
Artificial intelligence (AI) is rapidly transforming the global economy, and Latin America is no exception. In recent years, there has been a growing interest in AI development and implementation in the region. This paper presents a ranking…
Financial criteria in architectural design evaluation are limited to cost performance. Here, I introduce a method, Automated Design Appraisal (ADA), to predict the market price of a generated building design concept within a local urban…
This paper uses nighttime light(NTL) data to measure the nexus of the non-banking sector, particularly insurance, and economic growth in South Africa. We hypothesize that insurance sector growth positively propels economic growth due to its…
The objective of this research was to analyze the impact of the increase in the price of fuels and its incidence on the products of the basic basket of the El Triunfo, the province of Guayas. In the present study, the non-experimental…
We consider the consumption-based asset pricing model, derive a new modified basic pricing equation, and present its successive approximations using the Taylor series expansions of the investor's utility during the averaging time interval.…
The modernization of an airline's fleet can reduce its operating costs, improve the perceived quality of service offered to passengers, and mitigate emissions. The present paper investigates the market incentives that airlines have to adopt…
This study offers an examination of grassroots innovation actors and their integration within larger economic ecosystems. Through a comparative analysis in Oaxaca, Mexico; La Plata, Argentina; and Araucania, Chile, this research sheds light…
Contemporary society grapples with a critical challenge in knowledge sharing: the scarcity of rapid, yet specific advice from relevant individuals. This situation underscores a deficiency in the existing labor market, hereafter referred to…
This paper takes the development of Central bank digital currencies as a perspective, introduces it into the Baumol-Tobin money demand theoretical framework, establishes the transactional money demand model under Central bank Digital…
For most developing countries, increasing the equalization of basic public services is widely recognized as an effective channel to improve people's sense of contentment. However, for many emerging economies like China, the equalization…
This paper empirically assesses predictions of Goodwin's model of cyclical growth regarding demand and distributive regimes when integrating the real and financial sectors. In addition, it evaluates how financial and employment shocks…
This paper examines the interactions between selected coordination modes and dynamic team composition, and their joint effects on task performance under different task complexity and individual learning conditions. Prior research often…
The African continent has witnessed a notable surge in entrepreneurial activity, with the number of startups and investments made in the ecosystem growing significantly in recent years. Against this backdrop, this paper presents an in-depth…