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Action bias among elite soccer goalkeepers: The case of penalty kicks

Bar-Eli, Michael; Azar, Ofer H.; Ritov, Ilana; … - Volkswirtschaftliche Fakultät, … - 2005

In soccer penalty kicks, goalkeepers choose their action before they can clearly observe the kick direction. An analysis of 286 penalty kicks in top leagues and championships worldwide shows that given the probability distribution of kick direction, the optimal strategy for goalkeepers is to...

Persistent link: https://www.econbiz.de/10005621397

Analyzing new profit opportunities: a guide to making business projects financially successful

Winther, K. Tobias - Volkswirtschaftliche Fakultät, … - 2008

This book presents a simple, yet very powerful, conceptual framework, which can be used to estimate market sizes, prices and their interdependency for new products based on historical market data for existing products in related areas. Even in situations where insufficient data is available the...

Persistent link: https://www.econbiz.de/10005789447

Firm Value and the mis-use of the CAPM for valuation and decision making

Magni, Carlo Alberto - Volkswirtschaftliche Fakultät, … - 2005

This paper shows that a decision maker using the CAPM for valuing firms and making decisions may contradict Modigliani and Miller’s Proposition I, if he adopts the widely-accepted disequilibrium NPV. As a consequence, CAPM-minded agents employing this NPV are open to arbitrage losses and miss...

Persistent link: https://www.econbiz.de/10004980381

Evidence on the effects of mandatory disclaimers in advertising

Green, Kesten C.; Armstrong, J. Scott - Volkswirtschaftliche Fakultät, … - 2012

We found no evidence that consumers benefit from government-mandated disclaimers in advertising. Experiments and common experience show that admonishments to change or avoid behaviors often have effects opposite to those intended. We found 18 experimental studies that provided evidence relevant...

Persistent link: https://www.econbiz.de/10011109369

Интегрированная информационная система управления ресурсами предприятия

Levitskiy, Stanislav; Frunze, Igor; Zaiceva, Nataliya - Volkswirtschaftliche Fakultät, … - 2010

Nowadays the most topical is a problem of economic efficiency assessment of enterprises’ resource management within technological chains, financial structures and logistic systems and so on. Especially it covers Ukraine’s economy, that fell under the impact of world financial crisis and...

Persistent link: https://www.econbiz.de/10011110063

Corporate investment decisions under asymmetric information and uncertainty

Bell, Peter N - Volkswirtschaftliche Fakultät, … - 2012

This paper develops a model to study corporate investment decisions using the principal-agent framework. The model has asymmetric information where the agent knows the true value of the company and the principal does not. The model also has uncertainty where the company is presented an...

Persistent link: https://www.econbiz.de/10011110142

Intergenerational Cooperation: an Experimental Study on Beliefs

Kulesz, Micaela M.; Dittrich, Dennis A. V. - Volkswirtschaftliche Fakultät, … - 2014

We report on an experiment in which subjects older than 55 years old and subjects younger than 26 years old play repeatedly 4 versions of the centipede game. For each game we define four treatments that allow us to study cooperation and belief formation of these two age groups. We find that...

Persistent link: https://www.econbiz.de/10011111614

Optimal Output for the Regret-Averse Competitive Firm Under Price Uncertainty

Broll, Udo; Ergozue, Martin; Welzel, Peter; Wong, Wing-Keung - Volkswirtschaftliche Fakultät, … - 2013

We study the optimal production of a competitive risk-averse firm under price uncertainty. We suppose that the firm is … aversion might be higher than under risk aversion. We also prove that optimal production could increase or decrease when the … fact the price uncertainty has not such an extreme impact than those would be derived from pure risk-averse preferences. …

Persistent link: https://www.econbiz.de/10011111707

The Effects of the Teenagers (as Web Experts) in the Family Decision Making in Online Purchase Process: an Application to the Booking of Tourist Nights

BOUSSIF, Torkia; ISSAOUI, Fakhri; DALY CHAKER, Najeh - Volkswirtschaftliche Fakultät, … - 2015

The main objective of our study is to provide some answers to the following questions: What are the determinants of the expertise of the internet for the Tunisian teenager? What is the degree of influence of teenager, who is assumed an expert of the internet, in the process of family...

Persistent link: https://www.econbiz.de/10011111880

Some Notes on Inconsistence and Indecisiveness in the Analytic Hierarchy Process

Jiri, Mazurek - Volkswirtschaftliche Fakultät, … - 2012

The aim of the article is to introduce a mathematical concept of indecisiveness into the analytic hierarchy process (AHP) framework. Indecisiveness can be useful in two ways: first, decision makers with high indecisiveness (higher than a given threshold value) can be excluded from a decision...

Persistent link: https://www.econbiz.de/10011257809