scholarly journals Rule-of-Thumb Consumers Meet Sticky Wages

2011 ◽  
Vol 43 (2-3) ◽  
pp. 325-353 ◽  
Author(s):  
ANDREA COLCIAGO
Keyword(s):  
2020 ◽  
Author(s):  
Matías R. Machado ◽  
Sergio Pantano

<p> Despite the relevance of properly setting ionic concentrations in Molecular Dynamics (MD) simulations, methods or practical rules to set ionic strength are scarce and rarely documented. Based on a recently proposed thermodynamics method we provide an accurate rule of thumb to define the electrolytic content in simulation boxes. Extending the use of good practices in setting up MD systems is promptly needed to ensure reproducibility and consistency in molecular simulations.</p>


2021 ◽  
Vol 16 (5) ◽  
pp. 1631-1647
Author(s):  
Sooa Hwang ◽  
Hyunah Park ◽  
Kyunghui Oh ◽  
Sangwoong Hwang ◽  
Jaewoo Joo

We investigated whether adding product information in mobile commerce improved consumers’ attitudes toward a product and whether this relationship was moderated by consumption goals. We conducted two field experiments in which we recruited parents in Korea and the USA and asked them how they evaluated two childcare hybrid products (HPs) newly developed by Samsung Electronics designers. The results revealed that participants exposed to additional information about the HPs evaluated them more favorably than those who were not exposed. However, this relationship disappeared when a consumption goal was activated. Our findings establish a dynamic relationship between information seeking and consumption goals, asking designers to rethink their rule of thumb in the mobile commerce context.


Nature ◽  
1966 ◽  
Vol 210 (5031) ◽  
pp. 70-71
Author(s):  
S. K. ZAREMBA
Keyword(s):  

1995 ◽  
Vol 23 (4) ◽  
pp. 352-362 ◽  
Author(s):  
Duncan A. Lawson

Many universities admit students to degree courses in mechanical engineering from a wide variety of backgrounds. The majority enter with a study of A level mathematics. An increasing proportion enter having previously studied for BTEC qualifications. The conventional rule of thumb which is used is that BTEC level 3 is equivalent to A level. In this paper this rule of thumb is examined by comparing the performance of A level and BTEC students in a diagnostic test, taken at the start of their course, and the results of the end-of-year examination. The results of students entering the mechanical engineering stream of degree courses at Coventry University in 1991 and 1992 are used to provide the data for this study. The diagnostic test results also show the key areas of weakness in the level of mathematical competence of many students on entry to universities.


2013 ◽  
Vol 14 (3) ◽  
pp. 372-397 ◽  
Author(s):  
Burkhard Heer ◽  
Alfred Maußner

Abstract We review the labor market implications of recent real-business cycle and New Keynesian models that successfully replicate the empirical equity premium. We document the fact that all models reviewed in this article that do not feature either sticky wages or immobile labor between two production sectors as in Boldrin et al. (2001) imply a negative correlation of working hours and output that is not observed empirically. Within the class of Neo-Keynesian models, sticky prices alone are demonstrated to be less successful than rigid nominal wages with respect to the modeling of the labor market stylized facts. In addition, monetary shocks in these models are required to be much more volatile than productivity shocks to match statistics from both the asset and labor market.


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