Search results for "Opportunity cost"
showing 10 items of 18 documents
Opportunity costs resulting from scramble competition within the choosy sex severely impair mate choosiness.
2016
12 pages; International audience; Studies on mate choice mainly focus on the evolution of signals that would maximize the probability of finding a good-quality partner. Most models of sexual selection rely on the implicit assumption that individuals can freely compare and spot the best mates in a heterogeneous population. Comparatively few studies have investigated the consequences of the mate-sampling process. Several sampling strategies have been studied from theoretical or experimental perspectives. They belong to two families of decision rules: best-of-n strategies (individuals sample n partners before choosing the best one within this pool) or threshold strategies (individuals sequenti…
Risk of predation makes foragers less choosy about their food.
2017
18 pages; International audience; Animals foraging in the wild have to balance speed of decision making and accuracy of assessment of a food item's quality. If resource quality is important for maximizing fitness, then the duration of decision making may be in conflict with other crucial and time consuming tasks, such as anti-predator behaviours or competition monitoring. Individuals facing the risk of predation and/or competition should adjust the duration of decision making and, as a consequence, their level of choosiness for resources. When exposed to predation, the forager could either maintain its level of choosiness for food items but accept a reduction in the amount of food items con…
Assessing the impact of agri-environmental schemes on the eco-efficiency of rain-fed agriculture
2012
This paper analyses the impact of the Agri-environmental Extensification Scheme for the Protection of Flora and Fauna (F&F Scheme) on the eco-efficiency of a sample of dryland farms in the Spanish region of Castile and Leon. Using Data Envelopment Analysis (DEA) and the so-called program decomposition approach to efficiency measurement, we explore whether or not the production technology of the farms included in the F&F Scheme is more eco-efficient than the technology used by farms that are not included in the Scheme. The re-sults obtained confirm the foregoing hypothesis, providing evidence that environmental pres-sures could be reduced if all farms adopted the F&F Scheme technology. Furth…
How Electoral Institutions Change the Influence of World Trade Integration on Trade Policies
2014
World integration levels influence opportunity costs of maintaining restrictive national trade policies. In an integrated world, restrictive trade policies are more costly than in a context of low overall levels of world market integration. We argue that policy makers can be expected to react to these varying incentives to liberalize the trade regimes of their countries, yet do so not in a uniform fashion across countries. Rather, the responsiveness to changes in levels of world trade integration is conditional upon the electoral system the country in question employs. This is due to the fact that opportunity cost considerations increase in importance with a) the degree to which policy make…
Contests with size effects
2006
In this paper we analyze the structure of contest equilibria with a variable number of individuals. First we analyze a situation where the total prize depends on the number of agents and where every single agent faces opportunity costs of investing in the contest. Second we analyze a situation where the agents face a trade-off between productive and appropriative investments. Here, the number of agents may also influence the productivity of productive investments. It turns out that both types of contests may lead to opposing results concerning the optimal number of individuals depending on the strength of size effects. Whereas in the former case individual utility is u-shaped when the numbe…
The Economic Impact of Visitors at Major Multi-sport Events
2005
Abstract This paper examines the economic impact of major multi-sport event on affected people. Their spending increases the economic benefit for the city and region staging the event. Therefore a theoretical differentiation of movements of persons affected by the event was done. A model was worked out to detect the regional primary economic impact through these people. This primary impact can be used in any model of economic impact analysis, such as input–output frameworks or multiplier theory. The complexities in considering the right persons and their spending are analysed and described in detail. A special focus is placed on the evaluation of opportunity costs on people that get crowded…
Directional distance functions and environmental regulation
2005
Abstract In this paper we use directional technology distance functions to evaluate the impact of environmental regulations on firms’ performance. Following Fare et al. [Fare, R., Grosskopf, S., Lovell, C.A.K., Pasurka, C., 1989. Multilateral productivity comparisons when some outputs are undesirable: a nonparametric approach. The Review of Economics and Statistics 71, 90–98.], we construct an index that measures opportunity costs for individual firms arising from regulations that prevent free disposal of wastes. The methodology is applied to a sample of Spanish producers of ceramic pavements. We assume that firms maximise desirable output simultaneously reducing inputs, with no change in t…
Does a voluntary conservation program result in a representative protected area network?
2009
Abstract Conservation contracting has attained growing interest worldwide as a tool for protecting biodiversity in privately owned lands. In this policy, landowners receive payments from an environmental agency in exchange for land use practices that contribute to the supply of biodiversity. This approach may result in a conservation network which does not cover all focal ecological characteristics, because landowners determine the supply of potential targets. In addition, the contracts are typically allocated by using a scoring method that is not giving information on the representativeness of the species composition of the sites. In this study, we investigated what is the performance of a…
Influence of economic crisis on new SME survival: reality or fiction?
2016
AbstractThe aim of this research was to analyse the survival of new ventures during periods of economic crisis. The article compares survival probability during growth and crisis periods. An empirical study was used to analyse new venture survival probability. Results show that new firms have a greater likelihood of surviving during crisis periods than they do during growth periods. An additional aim of the study was to analyse the survival probability of opportunity and necessity entrepreneurs during crisis periods. Results show that gaps in survival likelihood between opportunity and necessity entrepreneurship are bigger during times of crisis than they are during growth periods.
Road project opportunity costs subject to a regional constraint on greenhouse gas emissions
2012
Abstract France has constrained the Aquitaine region to set up a climate plan to avoid an emission of 2883 ktCO 2 eq for the period 2007–2013. In parallel, the region has decided to carry out the construction of road infrastructures in order to avoid very high congestion costs. Those road projects will involve an increase in greenhouse gas (GHG) emissions during that period. In the present context of strong sustainability, all emissions (direct and indirect) generated by those projects should be offset. At the regional level, the offsetting of GHG emissions is usually carried out by implementing carbon sequestration projects or projects that reduce energy demand. This paper aims at determin…