dated preferences. We test the descriptive validity of these rationality arguments with a dynamic version of Ellsberg …'s three color experiment and that subjects act more often in line with consequentialism than with dynamic consistency. …

behaviorally the link between conditional and unconditional preferences. To test the descriptive validity of these rationality … concepts, we conduct a dynamic extension of Ellsbergʼs 3-color experiment. We find that more subjects act in line with …

as possible linear pricing rules and can be used to determine the investment opportunities available in such an economy …

uncertainty. The model explicitly accounts for equipment availability and load duration curves in selecting optimal investment …

The investment procedure prescribes the stages and tests through which all investment projects must pass before being … paper, we intend to understand how investment procedures enable grand ideals regarding investment to be institutionalised … effect during the process of institutionalisation, through which grand investment ideals (e.g. competitiveness, value …

The investment procedure prescribes the stages and tests through which all investment projects must pass before being … paper, we intend to understand how investment procedures enable grand ideals regarding investment to be institutionalised … effect during the process of institutionalisation, through which grand investment ideals (e.g. competitiveness, value …

In this analysis, we seek robust conclusions and solutions in an investment problem under budgetary constraint and …: 1. An optimal solution for a fixed set of profitability rates is not robust 2. No investment is not a “robust” policy 3 …

In this paper we consider a family of investment projects defined by their deterministic cash flows. We assume …

funds, their investment in private equity is about 20 times larger. Asset size is an important determinant of the decision … appears to be an important factor in explaining the difference in private equity investment, but it is not sufficient to …