The strongest, but also most volatile, factor affecting risk attitudes is loss aversion (“losses loom larger than gains”). It was given its proper place in decision theory by Daniel Kahneman. Most risks we face are new, with no past statistics available (ambiguity). This two-day conference...

Has the path to development through industrialization as we know it been exhausted? Or is the world at the dawn of a new era in industrialization and development? These are some of the questions that this two-day workshop aims to address. With the world in financial and economic crisis and...

Topics of interest include, but are not limited to, resource reallocation and adjustment costs, productivity, information and communication technology, R&D, market competition, exit and entry dynamics, transition and development, labor issues, environment, corporate governance, trade, and linked...