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exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include …
Persistent link: https://www.econbiz.de/10014473863
This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment, financial imperfections and uncertainty. After reviewing the capital market imperfections literature and the empirical results, the authors discuss both traditional investment...
Persistent link: https://www.econbiz.de/10014473824
Despite their common emphasis upon uncertainty as a key economic variable, Frank Knight and John Maynard Keynes viewed its role from different ethical perspectives. These attitudes were derived from contrasting formative influences and differing views regarding the role of economic theory as...
Persistent link: https://www.econbiz.de/10014474106
/ Mellani Day and Mary C. Boardman -- 8. The cognitive neuroscience of entrepreneurial risk: -- conceptual and methodological …
Persistent link: https://www.econbiz.de/10012419945
The ideal firm has been studied over several centuries, yet little is known about what makes one successful and another fail. This pioneering book brings together leading researchers investigating the concept of the firm from a neuroscientific perspective
Persistent link: https://www.econbiz.de/10011850603
Contents: Introduction to the handbook of experimental game theory / C. Mónica Capra, Rachel T.A. Croson, Mary L. Rigdon and Tanya S. Rosenblat -- Part I: A sampling of methodological innovations -- 1. Stochastic game theory for social science: A primer on quantal response equilibrium / Jacob...
Persistent link: https://www.econbiz.de/10012416711
It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by...
Persistent link: https://www.econbiz.de/10012420017
This thought provoking book is concerned with the need to deal adequately with uncertainty in environmental decision making. The author advances a critique of the use of traditional models and then develops an alternative model of decision making under uncertainty, based on the work of George...
Persistent link: https://www.econbiz.de/10011851362
Some famous pioneers together with the most promising new practitioners in the field show within this book how they define their subject. This is an authoritative survey of important branches of evolutionary economics, containing innovative new perspectives on market dynamics and evolutionary...
Persistent link: https://www.econbiz.de/10014474051
The book investigates various strategies to provide countries with an incentive to accede, agree and comply to an international environmental agreement (IEA). Finus shows that by integrating real world restrictions into a model, game theory is a powerful tool for explaining the divergence...
Persistent link: https://www.econbiz.de/10011851032