Similar Search Results

Janssen, Maarten C. W.; Parakhonyak, Alexei - 2008

This paper builds a consumer search model where the cost of going back to stores already searched is explicitly taken into account. We show that the optimal search rule under costly recall is very different from the optimal search rule under perfect recall. Under costly recall, the optimal...

Persistent link: https://www.econbiz.de/10011373816

Advances in financial risk management and economic policy uncertainty : an overview

Hammoudeh, Shawkat; McAleer, Michael - 2014

Financial risk management is difficult at the best of times, but especially so in the presence of economic uncertainty … Uncertainty" is to highlight some areas of research in which novel econometric, financial econometric and empirical finance … methods have contributed significantly to the analysis of financial risk management when there is economic uncertainty …

Persistent link: https://www.econbiz.de/10010366930

Solving discrete zero point problems

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2004

Persistent link: https://www.econbiz.de/10011337990

Solving discrete zero point problems with vector labeling

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2005

In this paper we present two general results on the existence of a discrete zero point of a function from the n-dimensional integer lattice Zn to the n-dimensional Euclidean space Rn. Under two different boundary conditions, we give a constructive proof using a combinatorial argument based on a...

Persistent link: https://www.econbiz.de/10011346458

Damming trans-boundary rivers : a welfare analysis of conflict and cooperation

Zeng, Yuyu; Houba, Harold; Dinar, Ariel; Marence, Miroslav - 2016

Dams are essential for water storage and hydropower generation, but change river flow patterns and endanger local environments. Dam projects may further exacerbate already existing problems in trans-boundary rivers. We consider three scenarios of institutional factors: (1) each country pursues...

Persistent link: https://www.econbiz.de/10011556226

A dynamic model of investor decision-making : how adaptation to losses affects future selling decisions

Lee, Carmen; Kräussl, Roman; Lucas, André; Paas, … - 2008

We conduct an experiment to test whether the size of a loss and the time in a losing position affect investors’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors adapt to losses, their neutral reference point shifts...

Persistent link: https://www.econbiz.de/10011377365

Expected utility and catastrophic risk

Ikefuji, Masako; Laeven, Roger; Magnus, Jan R.; Muris, Chris - 2014

An expected utility based cost-benefit analysis is in general fragile to its distributional assumptions. We derive necessary and sufficient conditions on the utility function of the expected utility model to avoid this. The conditions ensure that expected (marginal) utility remains finite also...

Persistent link: https://www.econbiz.de/10010412466

Nonparametric estimation of the costs of non-sequential search

Moraga-González, José Luis; Sándor, Zsolt; … - 2007

Persistent link: https://www.econbiz.de/10003645046

Consumer search with costly recall

Janssen, Maarten C. W.; Parakhonyak, Alexei - 2008

Persistent link: https://www.econbiz.de/10003645052

Labor market matching under imperfect information

Willems, Tim - 2010

Persistent link: https://www.econbiz.de/10008670038