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Performance Pay and Risk Aversion
Grund, Christian; Sliwka, Dirk - Volkswirtschaftliche Fakultät, … - 2006
A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …
Persistent link: https://www.econbiz.de/10005835229
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Uncertainty and Information: An Expository Essay
Singh, Nirvikar - Volkswirtschaftliche Fakultät, … - 2010
. The coverage includes decision-making under uncertainty, measuring risk and risk aversion, insurance and asset markets …
Persistent link: https://www.econbiz.de/10008529287
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Le calcul de la valeur statistique d'une vie humaine
Dionne, Georges; Lebeau, Martin - Volkswirtschaftliche Fakultät, … - 2010
Our society faces many risks that affect human life. Cost-benefit analysis is a very popular project-evaluation tool for reducing these social risks. The government has to set projects or regulations whose benefits will outweigh costs. It is quite easy to evaluate costs but how to evaluate the...
Persistent link: https://www.econbiz.de/10011111759
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Problems of market adjustments to occupational safety and health hazards
Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1978
This paper analyses problems of labor market adjustments to occupational safety and health (OSH) hazards. It also presents analytical models for the eventual measurement and empirical analyses of factors effecting the level of OSH hazards in the workplace. This study does not pretend to deal...
Persistent link: https://www.econbiz.de/10005623320
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The profitability – risk relationship and financing decision
Barbuta Misu, Nicoleta - Volkswirtschaftliche Fakultät, … - 2007
profitability of the alternative investment opportunities with the same risk on market. The choosing of a way for financing is … analyse the profitability – risk relationship in the financing decision for the “NIKOS” Ltd. …
Persistent link: https://www.econbiz.de/10008560069
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Recasting the Power Politics of Debt: Structural Power, Hegemonic Stabilisers and Change
Antoniades, Andreas - Volkswirtschaftliche Fakultät, … - 2013
The 2007/8 financial crisis exposed and exacerbated the debt pathologies of the ‘West’. The paper examines whether the new global debt relations that have been generated by this crisis have transformed global power politics, changing the way in which the ‘global South’ and the ‘global...
Persistent link: https://www.econbiz.de/10011259196
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Preliminary Criteria Reduction for the Application of Analytic Hierarchy Process Method
Gawlik, Remigiusz - Volkswirtschaftliche Fakultät, … - 2008
The Analytic Hierarchy Process (AHP) is a method for multi – criteria decision making. It consists principally of three levels – Main Goal, Criteria and Alternatives. The Main Goal level can be extended into forces and actors influencing the decision making process, the Criteria level can be...
Persistent link: https://www.econbiz.de/10011260039
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Geopolitics vs. Globalization in the Balkans: The New Rivalries in the Energy and Transport Sectors
Klimov, Blagoy - Volkswirtschaftliche Fakultät, … - 2003
The research focuses on how present Balkan political elites declare that they would adhere to the values of integrating and globalizing Europe in their Balkan policy, while de facto employing the ‘arsenal’ of geopolitical egoistic planning. I also argue that narrow geopolitical planning in...
Persistent link: https://www.econbiz.de/10005836970
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Eastern Enlargement of the EU: Bulgaria and Romania’s Accession- Geo-economic and Geopolitical Implications for the Balkans
Klimov, Blagoy - Volkswirtschaftliche Fakultät, … - 2005
The project’s aim is to look beyond the journalistic flash stories and the repetitive high pathos analysis of EU's Balkan Enlargement and explore in depth the geopolitical implications of such an important development. In other words, this thesis looks at two major questions, and namely, what...
Persistent link: https://www.econbiz.de/10005619321
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How Rebellion Expands? From Periphery to Heartland
Nakao, Keisuke - Volkswirtschaftliche Fakultät, … - 2013
While the theoretical literature maintains that strategic coordination is one of the keys to successful rebellion, anti-governmental campaigns are not necessarily synchronized across rebel groups in observed civil wars. To resolve this discrepancy, we develop a dynamic and spatial model of...
Persistent link: https://www.econbiz.de/10011111537