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"This research aims to explore quantified of monetary use value of food quality in the context of food security. Data were obtained from interviews towards 561 people of rural area in regency of Sleman, Bantul, Kulon Progo and Gunungkidul which are all in Yogyakarta Special Province or Daerah Istimewa Yogyakarta (DIY). This research uses close-ended contingent valuation method (CVM). The result points out that the public willingness to pay for better food quality is high. Thus, the public loss which is caused by poor management of food security policy will be very high in financial term."

"The purpose of this study is to select the management zone to avoid the deterioration of environmental goods, by conducting comparative value of the economic benefits of conservation between management focused on the monument that pay attention only to the entire ecosystem of Borobudur Regions. Two hundred tourists who came to Borobudur or Iogjakarta were obtained as samples. Data were collected using interviews with structured questionnaire. Afterward, we used contingent valuafion method (CVM) to calculate the value of the economic benefits and we measured the total value of the individual consumer's willingness to conserve the heritage under several scenarios of hypothetical market. The results testify that the value of the economic benefits of Borobudur area conservation reached US$42 billion per annum or around IDR40.1 trillion. This value reflects that the area of Borobudur is important to be preserved. Such values can be operationally useful when planning and management have been conducted comprehensively. The implication of this is that government should form_a new governing body that is integrated in one management, holistic, involving multi-stakeholders both central and local governments and local communities. Organizations like these need to be run with the principle of shared responsibility and independence in financial. Therefore, as a World Heritage icon, the vision of the management of Borobudur area was needed to experience metamorphosis, from initially focus on short-term profits through increased tourism market, shifted to the achievement of long-term prosperity based conservation and education."

"ABSTRACTThe notion that something that cannot be measured does not exist seems to apply to the absence of consideration of culture in economics, where the role of institutions is at the center of the link between the two. Yet, economic prosperity, crisis, and deprivation result from human behavior, reflecting the outcome of social learning a central concept of culture. Institutions and culture interact and evolve in complementary ways. Each can affect the process of exchange and transaction costs, which in turn determine economic performance. Although more work has been done to better understand the interrelation between economics and culture, most falls on deaf ears among mainstream economists, despite the fact that real world cases show the critical role of this interrelation. This paper discusses demonstrates a deficiency of mainstream economics in its disregard of the role of culture and institutions."

"Merangkum berbagai topik mengenai ilmu ekonomi dan bisnis"

"AbstractA civil servant selection attributes transaction cost. Aim of this conceptual paper is to explain behavior of transaction cost payment from perspective theory of the rationale of economics. This study was conducted by understanding various theories regarding a phenomena of transaction cost payment. This study revealed transaction cost payment as typical self interest and utility maximization (neo-classic rationality), to behave as Al-Nafs Al-Ammarah (Islamic rationality). The transaction cost payment was encouraged by perception, understanding and prior experiences (Keynes rationality), environment (psychology rationality). However, there was a limited scope of information for transaction cost payment (bounded rationality). AbstrakSeleksi pegawai negeri sering kali memunculkan biaya transaksi. Tujuan dari artikel konseptual ini adalah menjelaskan perilaku membayar biaya transaksi tersebut dalam perspektif teori rasionalitas ilmu ekonomi. Studi dilakukan dengan memaknai berbagai perdebatan teori rasionalitas dan menghubungkannya dengan fenomena membayar biaya transaksi. Hasil studi menunjukkan membayar biaya transaksi sebagai bentuk self interest dan maksimalisasi utilitas (rasionalitas neo-klasik), sebagai perilaku Al-Nafs Al-Ammarah (rasionalitas Islam). Membayar biaya transaksi juga dibentuk oleh persepsi, pemahaman, dan pengalaman perilaku sebelumnya (rasionalitas Keynes), lingkungan (rasionalitas sosiologi), dan kepribadian (rasionalitas psikologis). Di samping itu, terdapat keterbatasan informasi dalam membayar biaya transaksi tersebut (bounded rationality)."