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probability sessions, suggesting that this bias robustly persists in environments including both risk and future uncertainty, and …We elicit subjects' willingness to pay to reduce future risk. In our experiments, subjects are given a cash endowment … of uncertainty in our experiments. In two additional treatments, we control for future uncertainty with a continuation …
Persistent link: https://www.econbiz.de/10004988529
We consider the effect of an increase in the risk from pollution. We show that in the case of a flow pollution, when … the number of players is sufficiently large, the result of Bramoulle and Treich, showing that a marginal increase of risk … in the neighborhood of a risk-free world is welfare-improving, holds even when we consider non-marginal increases in risk …
Persistent link: https://www.econbiz.de/10011183755
Understanding the relationship between information technology (IT) investments and productivity has been a challenge for researchers and a debated topic for managers and policy makers.<br><br>In CIRANO's Burgundy Report Extracting Value from Information Technologies, the authors review the relevant...
Persistent link: https://www.econbiz.de/10008568667
risk inherent in the logistic activities related to dangerous goods. Therefore this study presents a portrait of the … France is to develop a methodology to evaluate the risk of storage and transportation of dangerous goods. Actually …, reputation of the carriers, etc.) and to evaluate if the fact of having a total knowledge of the risk (storage and transport) and …
Persistent link: https://www.econbiz.de/10005100469
France is to develop a methodology to evaluate the risk of storage and transportation of dangerous goods. Actually …, reputation of the carriers, etc.) and to evaluate if the fact of having a total knowledge of the risk (storage and transport) and … transfer of risk from the fixed installations towards freight vehicles of dangerous goods, for example by decreasing the …
Persistent link: https://www.econbiz.de/10005100474
organisational structures, their contribution to firm performance is contingent on other dimensions, such as strategy, management …
Persistent link: https://www.econbiz.de/10005101051
literature suggests that these choices are influenced by either external strategy considerations (i.e. diversification …
Persistent link: https://www.econbiz.de/10005627169
exposition to downside risk and promoting exposition to upside opportunities. It stands at the hinge between pure finance and … other areas of decision making under risk such as project evaluation, market entry and exit, organizational restructuring … financial systems rests primarily on proper risk assessment and management in project evaluation. The real options approach is …
Persistent link: https://www.econbiz.de/10005079348
exposition to downside risk and promoting exposition to upside opportunities. It stands at the hinge between pure finance and … other areas of decision making under risk such as project evaluation, market entry and exit, organizational restructuring … financial systems rests primarily on proper risk assessment and management in project evaluation. The real options approach is …
Persistent link: https://www.econbiz.de/10005079360
Uncertainties as to future supply costs of nonrenewable natural resources, such as oil and gas, raise the issue of the choice of supply sources. In a perfectly deterministic world, an efficient use of multiple sources of supply requires that any given market exhausts the supply it can draw from...
Persistent link: https://www.econbiz.de/10005100519