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In this study, respondents from the P.R.C., U.S.A., Germany, and Poland were found to differ in risk preference, as … measured by buying prices for risky financial options. Chinese respondents were significantly less risk-averse in their pricing … than Americans when risk preference was assessed in the traditional expected-utility framework. However, these apparent …
Persistent link: https://www.econbiz.de/10009204003
Uncertainty in forest planning is a prevailing problem affecting decision-making processes, especially those relating … planners' understanding of uncertainty related to its recognition, its management and risk perception. We used a comprehensive …
Persistent link: https://www.econbiz.de/10010743929
Flood management decision-makers face significant challenges as the climate changes. The perceptions of those affected … by floods are critical to the successful implementation of adaptation responses; risk perceptions are affected by how … information is communicated and, in turn, perceptions influence expectations on flood risk managers to respond. The links between …
Persistent link: https://www.econbiz.de/10011151663
of Switzerland. Thereby, the main focus lies on the role of risk perception and barriers to adoption within a conceptual … model of decision- making based on the protection motivation theory. …
Persistent link: https://www.econbiz.de/10011240681
instability, volatility and heightened financial risks. Exchange Rate risk is one of the complex topics in the economic world … importers, exporters and portfolio investors to be involved in the international trade and financial markets. The purpose of … this study is to gain an understanding on how the major economic indicators have an impact on the decision-making of the …
Persistent link: https://www.econbiz.de/10009456045
to pay (WTP) for BSE-tested and traceable beef. We adopted the perceived risk framework suggested by Pennings et al 2002 … to explore the relation between consumer perceived risk and WTP for these food-safety attributes. Our results revealed … that risk perception, risk attitude, BSE-concern, and perceived level of control agribusiness has on food safety …
Persistent link: https://www.econbiz.de/10010881146
We examine whether the experience of shocks influences individual risk attitude. We measure the risk attitude of more … for poor and vulnerable households, is related to a higher degree of risk aversion, even when controlled for a large set … of socio-demographic variables. Therefore, shocks perpetuate vulnerability to poverty via their effect on risk attitude …
Persistent link: https://www.econbiz.de/10011264285
whether consumers altered their beef consumption behavior because of their risk aversion and risk perceptions stemming from … information about beef food safety in recent years. Results reveal stark differences in risk perceptions and risk aversion … management strategies vary across countries because of identified differences in food safety risk attitudes and risk perceptions. …
Persistent link: https://www.econbiz.de/10005246103