Narrow search
Showing 1 - 10 of 101
Cover Image
Habit Formation in the Environmental Quality: Dynamic Optimal Environmental Taxation
Löfgren, Åsa - Nationalekonomiska institutionen, Handelshögskolan - 2003
In this article we propose a model in which individuals experience habit formation in environmental quality. Further, a consumption good causes a negative external effect on the environment.The intertemporal utility of a benevolent social planner depends on consumption of two goods and the...
Persistent link: https://www.econbiz.de/10005651724
Cover Image
Gender and birth-order differences in time and risk preferences and decisions
Lampi, Elina; Nordblom, Katarina - Nationalekonomiska institutionen, Handelshögskolan - 2009
We study how gender, birth-order and number of siblings are related to stated time and risk preferences and real-life decisions. We use survey data covering about 2,300 individuals and find that time and risk preferences are significantly correlated among women but not among men. We also find...
Persistent link: https://www.econbiz.de/10008459755
Cover Image
European Market Portfolio Diversifcation Strategies across the GFC
Allen, David E.; McAleer, Michael; Powell, Robert J.; … - Department of Economics and Finance, College of … - 2014
This paper features an analysis of the effectiveness of a range of portfolio diversification strategies as applied to a … portfolio investment strategies. The analysis is undertaken via the examination of multiple investment strategies and a variety … mean variance analysis with positive weights. Markowitz optimisation is then compared with various down-side investment …
Persistent link: https://www.econbiz.de/10010939134
Cover Image
Buy-and-Hold Strategies and Comonotonic Approximations
Marin-Solano, J.; Roch, O.; Dhaene, J.; Ribas, C.; … - Facultat d'Economia i Empresa, Universitat de Barcelona - 2009
We investigate optimal buy-and-hold strategies for terminal wealth problems in a multi-period framework. As terminal wealth is a sum of dependent random variables, each of these variables corresponding to an amount of capital that has been invested in a particular asset at a particular date, we...
Persistent link: https://www.econbiz.de/10005022327
Cover Image
Consumption, investment and life insurance strategies with heterogeneous discounting
de-Paz, Albert; Marin-Solano, Jesus; Navas, Jorge; … - Facultat d'Economia i Empresa, Universitat de Barcelona - 2012
In this paper we analyze how the optimal consumption, investment and life insur- ance rules are modified by the introduction of a class of time-inconsistent preferences. In particular, we account for the fact that an agents preferences evolve along the planning horizon according to her...
Persistent link: https://www.econbiz.de/10010535251
Cover Image
Hedge Fund Portfolio Diversification Strategies Across the GFC
Allen, David E.; McAleer, Michael; Peiris, Shelton; … - Department of Economics and Finance, College of … - 2014
This paper features an analysis of the effectiveness of a range of portfolio diversification strategies as applied to a … a challenging one for the application of diversification and portfolio investment strategies. The analysis features an …
Persistent link: https://www.econbiz.de/10011097862
Cover Image
Agricultural Risk Management through Community-Based Wildlife Conservation in Rural Zimbabwe
Muchapondwa, Edwin; Sterner, Thomas - Nationalekonomiska institutionen, Handelshögskolan - 2009
help e¤orts to conserve wildlife. By making use of national historical data and statistical analysis, this paper …nds that …
Persistent link: https://www.econbiz.de/10008509447
Cover Image
Das Management von Zinsänderungsrisiken : theoret. Ansätze u. ihre empir. Überprüfung für d. dt. Rentenmarkt
Bußmann, Johannes - 1988
Persistent link: https://www.econbiz.de/10000743472
Cover Image
Naïve and Capricious: Stumbling into the ring of self-control conflict
Myrseth, Kristian Ove R.; Wollbrant, Conny - Nationalekonomiska institutionen, Handelshögskolan - 2011
temptation, and so mistakenly forego pre-commitment. Our analysis reveals conditions under which higher willpower—and lower …
Persistent link: https://www.econbiz.de/10009283234
Cover Image
Wicksell versus Brisman: A Dispute on Capital between Generations
Sandelin, Bo - Nationalekonomiska institutionen, Handelshögskolan - 2003
After Wicksell in 1911 had published the second Swedish edition of his Lectures on Political Economy, a debate began in the Ekonomisk Tidskrift between Wicksell and his opponent Sven Brisman. The controversy was mainly about the concept of capital and the rate of interest, but the circumstances...
Persistent link: https://www.econbiz.de/10005423960