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The objectives of this paper was to; examine if risk preferences are stable across different distribution contexts, in line with the prediction of the expected utility theory (EUT); if the range frequency theory (RFT) (Parducci, 1965) can account for observed choice behaviour in a hypothetical investment scenario; and lastly, analyse the potential factors that can account for the individual differ

This thesis adds a new perspective to the issue of firm valuation by introducing the discussion of how to assess the marginal value of ownership. Which are the determinants of the marginal value of subsidiary ownership? How can a company that wants to assess the marginal value of its subsidiary holding perform the valuation? How does the value of flexibility to act on different outcomes of an unce

The thesis puts forward a new framework of Distributed Economies (DE) based on summarizing the deficiencies in existing studies. This new framework is utilized to study the tourism evolution of Jiuzhai Valley, China. It is analyzed that tourism development in Jiuzhai Valley has the evolutionary sequence changing from small-scale service units run by the local residents to large-scale, centralized

Metals play a key role as a cornerstone of our modern society; they are part of the most basic elements of our daily life and have been part of our lifestyles for millennia. Current trends of metal production point out that developing countries in order to attain a developed-countries consumption level will require 3-9 times the present metal stock per capita, yet their mining practices are far fr

The purpose of this study is to evaluate the impact of Rules of Origin (RoO) on the tuna trade in Thailand by comparing the existing trade agreements of two major partners, the EU and Japan. It is widely recognised that RoO affect the outcome of preferential trade agreements (PTA) due to its complicated nature. Thailand is the largest producer of canned tuna in the world and conducts its trade wit

Overlapping trade agreements in Africa are often brought up as an obstacle to the trade effect of preferential integration and referred to as the spaghetti bowl. The problem has not been investigated empirically before although it is often discussed by observers of the African economy. The purpose of this study is to describe the spaghetti bowl in Africa and to assess its impact on the effect of p

The purpose of this thesis was to explore the gendered impacts Fairtrade has on smallholder tea producers through a case study of the Sireet cooperative in Western Kenya. While previous studies have extensively elaborated on the overall impact of Fairtrade on poverty reduction and the livelihoods of farmers, a gender differentiated impact assessment has been substantially neglected. Through an emb

The high youth unemployment in Uganda has resulted in youth volunteering to gain competitive advantages in the labour market. Volunteering has an important place in social development, and it is beneficial for the individual. This study investigated how youth volunteering within non-governmental organisations are creating opportunities for youth empowerment in Kampala, Uganda. A majority of previo

As a response to limitations of the conventional food system, alternative food networks such as community supported agriculture and direct selling box schemes have emerged in Romania, involving close producer-consumer connections and an emphasis on local and organic produce. Through a multi-case study of two such networks in the city of Cluj-Napoca, their contribution to the establishment of a sus