Showing 1 - 10 of 10
This paper establishes theoretical and empirical linkages between union wage setting and the structure of the wage distribution. Theoretically, we identify conditions under which a right-to-manage model implies compression of the wage distribution in the union sector relative to the nonunion...
Persistent link: https://www.econbiz.de/10010275029
Surveys of corporate risk management document that selective hedging, where managers incorporate their market views … strength to withstand the additional risk from market timing. We study the practice of selective hedging in a 10-year sample of … into firms' hedging programs, is widespread in the U.S. and other countries. Stulz (1996) argues that selective hedging …
Persistent link: https://www.econbiz.de/10010281517
The paper focuses on the problem of pricing and hedging a European contingent claim for an incomplete market model, in … investments and consumptions) are present in the proposed strategy in a risk-neutral manner, hence the generalized self …
Persistent link: https://www.econbiz.de/10010281592
marketing. At the same time, the availability of software alternatives to Lohmöller's LVPLS package has considerably increased …
Persistent link: https://www.econbiz.de/10010263665
cross-category interrelationships and provide marketing managers eith only very limited recommendations regarding decition … making. The latter type of models focus on estimating the effects of category-level marketing mix variables on purchase …
Persistent link: https://www.econbiz.de/10010272734
Discovering the preferences and the behaviour of consumers is a key challenge in marketing. Information about such …
Persistent link: https://www.econbiz.de/10010281572
Crowdfunding challenges the traditional separation between finance and marketing. It creates economic value by reducing …
Persistent link: https://www.econbiz.de/10011380705
Individuals in most industrialized countries have to make investment decisions throughout their adult life span to save for their retirement. These decisions substantially affect their living standards in old age. Research on cognitive aging has already demonstrated several changes in cognitive...
Persistent link: https://www.econbiz.de/10010318792
Decision making usually involves uncertainty and risk. Understanding which parts of the human brain are activated … during decisions under risk and which neural processes underly (risky) investment decisions are important goals in …-related activations in space and dynamics in time. Further, we classify the risk attitudes of all subjects based on the estimated …
Persistent link: https://www.econbiz.de/10010319198
local BOLD signal. Applying a GLM on the DSFM-based time series resulted in a significant correlation between the risk of … decision-related reactions within the DSFM time series predicted individual differences in risk attitudes as modeled with the …
Persistent link: https://www.econbiz.de/10010427044