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This study investigates the influence of background diversity of bank board members on performance and risk. Using data … associated with performance except when it relates to ethnicity. It not only reduces performance per se but also increases risk …. Female presence and professional diversity reduce risk but nationality and ethnicity diversities are associated with higher …
Persistent link: https://www.econbiz.de/10010933906
non-zero risk levels. Some contemporary European societies tolerate about one fatality per thousand year around industrial …
Persistent link: https://www.econbiz.de/10009402095
Using a recent household survey conducted in Senegal, I examine the impact of negative and positive income shocks on departures from and entries in the household. I focus on differences in responses to shocks across the urban and rural sectors as well as age and gender groups. Striking...
Persistent link: https://www.econbiz.de/10009643222
-agricultural sector is considered as a risk-mitigating strategy by rural Pakistani households. This issue has already been addressed but … whether ex ante engagement in the non-agricultural sector is partly motivated by a desire to mitigate risk. The main feature …
Persistent link: https://www.econbiz.de/10010750552
We define a coherent risk measures as set-valued maps satisfying some axioms. We show that this definition is a … convenient extension of the real-valued risk measures introduced by Artzner, Delbaen, Eber and Heath (1998). We then discuss the … aggregation issue, i.e. the passage from valued random portofolio to valued measure of Risk. Necessary and sufficient conditions …
Persistent link: https://www.econbiz.de/10010750881
Information and Risk in the Medieval Doctrine of Usury during the Thirteenth Century …
Persistent link: https://www.econbiz.de/10010898670
With a market entry game inspired by Camerer and Lovallo (1999), we study the attitudes of junior and senior employees towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the market capacity is not too low or when earnings from...
Persistent link: https://www.econbiz.de/10010899002
attention. They nonetheless constituted an opportunity to introduce a sophisticated analysis of individual decision under risk …. Through various examples, Smith pointed out a risk-seeking attitude, figured out in the paper in terms of inverse stochastic … overestimate the chance of gain, which leads to favor a rank-dependent utility approach within which optimism toward risk can …
Persistent link: https://www.econbiz.de/10010899316
. This study therefore sheds light on the importance of enhancing bank competition to overcome bank risk and strengthen …
Persistent link: https://www.econbiz.de/10010899326
this theorem to explain the well-known problems of utility and decision theories, such as risk aversion, the underweighting …
Persistent link: https://www.econbiz.de/10010899454