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Human behavior, rational or irrational one, influences one of the most complex markets worldwide: the insurance market. In most situations, insurance markets are not competitive and risk neutral insurers negotiate under asymmetric information with actors who exhibit risk aversion. In this paper...
Persistent link: https://www.econbiz.de/10011257794
In this paper I present a simple model through which I examine how large unwanted outcomes in a process subject to one’s decisions can be avoided. The paper has implications for decision makers in the field of economics, financial markets and also everyday life. Probably the most interesting...
Persistent link: https://www.econbiz.de/10005260145
values of key economic indicators, with no information regarding the associated uncertainty. Our assessment is that policy … makers would benefit if they would be given probabilities as well as values, and the methodology of stochastic simulation …, presented in this paper quantifies the uncertainty of the coefficients of the behavioural equations, on a reduced version of the …
Persistent link: https://www.econbiz.de/10009401315
The theorems of existence of the ruptures have been proved. The ruptures can exist near the borders of finite intervals and of the probability scale. The theorems can be used, e.g., in economics and forecasting.
Persistent link: https://www.econbiz.de/10008574286
It has been few decades since the measures were taken to rehabilitate the forest after logging in peninsular Malaysia. Enrichment planting is one of the potential rehabilitation measures. The technical issues like line planting technique, spacing, species-site matching are crucially related to...
Persistent link: https://www.econbiz.de/10005790252
The annual financial statements of different companies must emphasize, for the internal and external users, the activity that was run and the standing at a specific moment of time. The assessment of a business doesn’t affect the accounting registrations. However, “the accurate image”...
Persistent link: https://www.econbiz.de/10005622117
Purpose: It is worth mentioning that mergers and acquisitions (M&As) have become a popular vehicle for emerging-markets firms to rapidly access new opportunities and market capabilities. Indeed, privatization and multi-nationalization have given a greater shore up in raising global and domestic...
Persistent link: https://www.econbiz.de/10011108123
Poultry is an important part of rural life in several developing countries. Commercialization of this business appears more beneficial but has not obtained the expected momentum, mainly due to lack of information and perception of high cash requirements and thus risky nature. Although the...
Persistent link: https://www.econbiz.de/10011109159
Understanding and the interpretation of financial statements is an important factor for economic entities, for making the right decisions. Nowadays, more and more is noticed the general tendency of the harmonization of the Directive IV of the European Committee with International Financial...
Persistent link: https://www.econbiz.de/10011115476
Both theoretical and empirical analyses show that the relationship between population development and carbon emissions is dynamic, and the population elasticity of carbon emissions is a nonlinear function of population size, age structure, household size, urbanization, sex structure, and...
Persistent link: https://www.econbiz.de/10011259261