The relevance of the investigated problem is caused by increasing levels of competition in the industry markets of chocolate producers in Russia and the need to maintain the profitability of the companies' activities in the unstable macroeconomic conditions. The aim of the article is to assess the impact of competitive forces on settlements terms…

The advances in information technologies and the Internet significantly promote the prosperous growth of electronic commerce in recent years. Simply surfing the Internet allows consumers to conveniently explore endless product choices and a flood of related product information. As one of the most important sources of product information,…

Little is known what the term sustainable development entails in relation to the school subject of home and consumer studies and the subject's knowledge area of food. The aim is to illustrate how food is expressed in national syllabuses of home and consumer studies at present and in the past, and its operationalization into sustainable…

Following the behavior-analytic tradition of analyzing individual behavior, the present research investigated demand elasticity of individual consumers purchasing supermarket products, and compared individual and group analyses of elasticity. Panel data from 80 UK consumers purchasing 9 product categories (i.e., baked beans, biscuits, breakfast…

A study of women's information-seeking behavior with regard to the purchase of cosmetics was conducted to determine the effects on their behavior of six individual variables (ambiguity about cosmetic products, price consciousness, income, amount of money spent on cosmetics, age, and education) and six social variables (perceived social utility of…

Reconsiders Uriel Spiegel's analysis of the Giffen phenomenon, a utility function that yields an inferior good with an upward-sloping demand curve. Extends this to include similar utility functions that yield inferiority. Discusses the earlier work of related theorists including Liebhafsky, Vandermeulen, and Wold and Jureen. (MJP)

Reexamines Spiegel's analysis of the Giffen phenomenon, a utility function that yields an inferior good with an upward-sloping demand curve and incorporates Christian Weber's criticism into the model. Disagrees with Weber on some points but agrees that as income decreases the likelihood of the Giffen product decreases. (MJP)

Direct and indirect contributions of nine Arkansas universities to the economic well-being of the state, as well as the expected rate of return from support of higher education, were assessed. In-state expenditures by the universities and local expenditures by university staff and students were measured. A major impact was the value of business…

The single but substantial economic dimension of Georgia State University's contribution to the Atlanta metropolitan area is examined in this research report. The purpose of the study was to identify successful estimating techniques developed by previous studies of the local spending impact of postsecondary educational institutions. Three direct…

Reports on the adaptation and replication of Jane Leuthold's experiment concerning consumer choice, investments, and free riding indexes. A similar experiment, conducted in a Ukrainian classroom, produced similar results with a few notable exceptions. The exceptions reflected the Ukrainians' lack of familiarity with western economic thought. (MJP)

Explores the consequences of textbook authors' failure to recognize that producers can acquire the good in which they lack a comparative advantage through either trade or internal production. Examines variations in the construction and graphical depiction of consumption possibility frontiers in principles of economics textbooks. (MJP)

Maintains that most graduate-level economics textbooks rarely mention the need for consumers to be above their minimum wealth position as a condition for market equilibrium. Argues that this omission leaves students with a mistaken sense about the range of circumstances under which market equilibria can exist. (MJP)

Reports on the replication of Jane Leuthold's experiment concerning consumer choice, investments, and free riding indexes. This experiment, conducted in an Israeli undergraduate economics class, broadened the subjects' characteristics questionnaire to include issues of social consciousness and altruism. Includes four tables of statistical data.…

Intended for use by teachers on the junior high and high school levels, this curriculum guide, which is one in a series of guides for consumer and homemaking education in Kentucky, outlines three courses in the area of management-consumer education. The junior high unit acquaints the student with the concepts of decision making and assessing…

Using aggregate data from several Idaho counties and towns, the study examined the economic forces which pressure small town people and merchants--pressures which ultimately shape and will shape small towns in areas like Idaho. Six towns chosen for intensive study were Priest River, Cottonwood, Riggins, Shoshone, Oakley, and Malad. Focusing on…