Showing 1 - 10 of 130
-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 … of the paper is the use of an ex ante food vulnerability estimate. Vulnerability is defined as the probability of falling …
Persistent link: https://www.econbiz.de/10010750552
In R\&D projects, managers face a high degree of uncertainty due to their lack of experience with innovative products …. However, managers, usually within a group, have to decide under uncertainty, to make the projects advance. In this context … framework that formalizes the collective decision-making process under uncertainty is proposed. This framework illustrates how …
Persistent link: https://www.econbiz.de/10010584451
This paper addresses the integration of ill-know requirements (imprecision or uncertainty on f quantities or due dates … requirements are analysed and a representation model based on mathematical models of uncertainty is proposed. Moreover, a method is …
Persistent link: https://www.econbiz.de/10010820864
any quantified uncertainty levels is problematic because it may lead to unjustified attention to the extreme scenarios …
Persistent link: https://www.econbiz.de/10008791955
This work deals with strategies of risk management techniques in projects and portfolios in the situation of radical … innovation. Existing literature suggests different methods of risk management at the level of 1) projects (S1) (unknown reduction … by selecting a priori the less uncertain projects, depending on the identified market and technological risk) 2 …
Persistent link: https://www.econbiz.de/10010820842
The proposed paper deals with platform emergence in double unknown situations when technology and markets are highly uncertain. The interest in technological platform development to enable creation of products and processes that support present and future development of multiple options is...
Persistent link: https://www.econbiz.de/10010820888
some prior. It is shown that the more uncertainty averse and the more risk averse, the more likely are efficient …The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme …
Persistent link: https://www.econbiz.de/10010738543
, which allow to take into account observed behaviors as in Allais' paradox under risk or Ellsberg's paradox under uncertainty … uncertainty, and Quiggin and Yaari under risk, succeeded to characterize preferences which generalize the EU model, by means of a … for more diversified patterns of behavior under uncertainty as well under risk. …
Persistent link: https://www.econbiz.de/10010738555
some prior. It is shown that the more uncertainty averse and the more risk averse the agents, the more likely are efficient …The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme …
Persistent link: https://www.econbiz.de/10010603664
uncertainties over forecasting hypotheses. A mean to control such uncertainties lies in the introduction of risk in the Costs … under uncertainty mainly developed after Dixit and Pindyck (1994). The second one is more empirical and uses Monte Carlo … possibility of changes in transport policy. This uncertainty should be controlled. It is the role of strategic modeling. …
Persistent link: https://www.econbiz.de/10008792030