ambiguous lotteries in a financial decision context. The experiment can be viewed in two parts. The first part replicates an … virtual funds, and pure risk lotteries. These represent three different levels of uncertainty: two-sided ambiguity, one …-sided ambiguity and pure risk. Our results show a significant relationship between individual overconfidence and competence measures …

disregarded in conflict theory. In this dynamic model of decision making we focus on the time dimension of an escalating conflict … conflicts ; uncertain investment in conflict ; theory of conflict ; decision to attack …Initiating a conflict is an investment in social, political or economic change. The decision to attack is sequential in …

level of ambiguity in a particular decision context and then tailor their decision-making process to reduce risk … unsuccessful entrepreneurs is precisely that they vary their decision-making styles, sometimes relying on heuristics and sometimes …

presented provides an ability to evaluate sustainable withdrawal rates and exposure to sequence risk together …

We extend risk-value models for valuing streams of risky cash flows by introducing the well-known concept of terminal …-invariant and in case of a position-invariant risk measure. For both cases we also derive an exact formula under a special growth …