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Доказана теорема о существовании разрывов в шкале вероятностей. Рассмотрены проявления этих разрывов в экономике и прогнозировании.
Persistent link: https://www.econbiz.de/10010981081
Приведена общая схема доказательства теорем о существовании разрывов на числовых отрезках и в шкале вероятностей. Рассмотрены некоторые возможности...
Persistent link: https://www.econbiz.de/10010981108
Time-inconsistency of no-bailout policies can create incentives for banks to take excessive risks and generate endogenous crises when the government cannot commit. However, at the outbreak of financial problems, usually the government is uncertain about their nature, and hence it may delay...
Persistent link: https://www.econbiz.de/10010969240
We examine how agents allocate attention between private and public signals to reduce the uncertainty about observation noises when coordination is an important concern. In this setting, the attention allocation may not be monotone in endowed attention capacity. Agents may decrease their...
Persistent link: https://www.econbiz.de/10011265339
This paper aims to explore the relevance of the Theory of Argumentation TA in the complex area of financial reporting … prices. This paper is the first part and its purpose is to prepare from the Theory of Argumentation TA an application to the …
Persistent link: https://www.econbiz.de/10008547907
This study examines the role of national culture on an issue which is central to competitive strategy: whether to maintain flexibility or commit to a strategic direction. We consider that equity investments in foreign partners may be initiated as the first step in a sequential acquisition...
Persistent link: https://www.econbiz.de/10005062391
We hypothesized that framing possible outcomes of decisions in terms of gains vs. losses should increase the salience of information that is incongruent in valence (counter-regulation principle: gain frame – negativity bias, loss frame – positivity bias). These incongruent attentional biases...
Persistent link: https://www.econbiz.de/10010682426
The present study constructs a decision support system to determine the best seeding rate out of a group of seeding rates applied in the field. The DSS has been built receives the field data as inputs, and then apply split plot algorithms of (Gomez & Gomez, 1984) to find the results. These...
Persistent link: https://www.econbiz.de/10009147677
expected utility theory, assuming instead weaker axioms that merely imply that they are probabilistically sophisticated. We …
Persistent link: https://www.econbiz.de/10011141020
In the wake of growing awareness, decision makers anticipate that they might acquire knowledge that, in their current state of ignorance, is unimaginable. Supposedly, this anticipation manifests itself in the decision makers' choice behavior. In this paper we model the anticipation of growing...
Persistent link: https://www.econbiz.de/10011141022