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show that the term structure of psychological rates depends strongly on gender, but appears not to be linked with life …
Persistent link: https://www.econbiz.de/10011246085
Persistent link: https://www.econbiz.de/10010861555
We consider a formal approach to comparative risk aversion and apply it to intertemporal choice models. This makes it possible to investigate whether standard classes of utility functions, such as those inspired from Kihlstrom and Mirman (1974), Selden (1978), Epstein and Zin (1989) or Quiggin...
Persistent link: https://www.econbiz.de/10010707569
In principle, liabilities combining both insurancial risks (e.g. mortality/longevity, crop yield,...) and pure financial risks cannot be priced neither by applying the usual actuar- ial principles of diversification, nor by arbitrage-free replication arguments. Still, it has been often proposed...
Persistent link: https://www.econbiz.de/10010708304
Purpose – This paper seeks to explore the difficult territory of intersectionality as it relates to inequality and disadvantage in the labour market of the arts and cultural sector. It aims to first examine the way Acker's concept of inequality regimes is located in the extant literature....
Persistent link: https://www.econbiz.de/10010707976
gender performance gap. After controlling for business and entrepreneur characteristics, female-owned businesses exhibit a …-employment raises the gap by 5 percentage points. We then investigate the role of sharing norms and gender-differentiated allocation of … time within the household in the gender performance gap, by estimating their effect on the technical inefficiency of female …
Persistent link: https://www.econbiz.de/10010720302
highlight a definite gender pattern, with a strong association between early disadvantage and obesity in women, but not in men …
Persistent link: https://www.econbiz.de/10011073810
Women’s disadvantaged position in the labour market can be explained by conflicts between their roles in exercising an economic activity and in assuming their domestic activities. Husbands’ insufficient or inexistent income has increased women’s role in household survival strategies, but...
Persistent link: https://www.econbiz.de/10011074508
Two rationality arguments are used to justify the link between conditional and unconditional preferences in decision theory : dynamic consistency and consequentialism. Dynamic consistency requires that ex ante contingent choices are respected by up dated preferences. Consequentialism states that...
Persistent link: https://www.econbiz.de/10011071929
Many theories of updating under ambiguity assume either dynamic consistency or consequentialism to underpin behaviorally the link between conditional and unconditional preferences. To test the descriptive validity of these rationality concepts, we conduct a dynamic extension of Ellsbergʼs...
Persistent link: https://www.econbiz.de/10011073068