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Risk management has become an essential tool in dealing with the risk issues in supply chains. The purpose of this paper lies in surveying the applications of risk management to supply chains and reviewing the existing literature. To achieve the above purpose, some representative works are...
Persistent link: https://www.econbiz.de/10010669597
The early COVID-19 pandemic literature focused on the conflict between lives and livelihoods. But cross-country evidence reveals that across countries high mortality rates were often associated with large gross domestic product contractions. This paper shows that the presumed trade-off was...
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of the social group too. Including such adaptation dynamics explicitly in our models would allow simulation of the …
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BSV (Barberis, Shleifer and Vishny [Journal of Financial Economics 49 (1998) 307–343]) model is one of the three major behavioral finance models. The existing BSV model is about how behavioral investors form beliefs, and is able to produce both overreaction and mean-reversion for a wide range...
Persistent link: https://www.econbiz.de/10005060116
A descriptive norm is a behavioral rule that individuals follow when their empirical expectations of others following the same rule are met. We aim to provide an account of the emergence of descriptive norms by first looking at a simple case, that of the standing ovation. We examine the...
Persistent link: https://www.econbiz.de/10010789352
n-person Battle of Sexes (BOS) games are examined by a special simulation study. Two types of agents are considered and … there are three possible ways of making the agents’ initial decisions. The simulation study confirms the theoretical results …
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