Risk management in this paper is focused on multivariate risk-return decision making assuming time-varying estimation …

concerned with the patenting decision, we take into account that a disclosure effect may decrease the merits of patenting by …. An empirical investigation of the theoretical results finds support for the proposed effects. -- Patenting decision …

In this paper, we assess the degree to which four of the most commonly used models of risky decision making can explain … enough to approximate Kahnenman and Tversky's prospect theory and that for certain parametric values will yield the expected … explain the decision-making behavior of the majority of our subjects. Surprisingly, we find that the choice behavior of the …

probabilistically mix over multiple competing decision paradigms. We pairwise combine the Random Utility Model (RUM), Contextual … and that the discrete mixture models are able to consistently identify two latent groups of decision makers, allowing us …