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risk aversion and models of the utility function. One particular theory (expected utility with rank dependent probabilities …"Most decisions (political, economic, and social) are made in the context of risk so the subject of human behavior … under risk is of interest to several disciplines. Social science researchers who apply experimental methods to study …
Persistent link: https://www.econbiz.de/10009468391
international water utility sector. Risk management, interms of protecting the public health from pathogenic and chemical hazards … and making explicit approaches to risk managementand decision-making that have formerly been implicit. Here, we review the … risk managementframeworks and risk analysis tools and techniques used within the water sector, consideringtheir application …
Persistent link: https://www.econbiz.de/10009463024
. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …
Persistent link: https://www.econbiz.de/10009442826
the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …
Persistent link: https://www.econbiz.de/10009467405
-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …
Persistent link: https://www.econbiz.de/10009449067
wird die Wirkung beider Instrumente auf die Nutzen der Arbeitnehmer und auf die gesamtwirschaftliche Wohlfahrt analysiert … können die Nutzen der Arbeitnehmer und die Beschäftigung im Vergleich zum Referenzfall ohne Eingriff erhöhen. Die Einführung … intervention serves as basing point.Minimum wages as well as wage subsidies can increase employment and the utility of the workers …
Persistent link: https://www.econbiz.de/10009471844
Ausgehend von der Feststellung, dass die Nutzenwahrnehmung durch den Konsumenten eine maßgebliche Größe zur Erklärung seines Konsumverhaltens ist, ist es Ziel dieser Arbeit, einen Markenführungsansatz zu entwickeln, welcher die Nutzendimensionen als Ankerpunkt für die Priorisierung von...
Persistent link: https://www.econbiz.de/10009454910
. In contrast with the previous literature, our approach is applicable to the direct and indirect utility functions and … common forms of output risk (additive and multiplicative risks) and empirically determine which form is appropriate. Moreover …
Persistent link: https://www.econbiz.de/10009443327
show that production risk from weight variability of market hogs is important in determining profits and utility under a … producers could decrease production risk and enhance utility by adjusting antibiotic use. These results offer some support for …Production risk from live weight variation of market pigs has become a more important concern in U.S. swine production …
Persistent link: https://www.econbiz.de/10009443415
products on the other hand; resulted in estimating the demand ofrice in Togo at the second stage of utility maximization …
Persistent link: https://www.econbiz.de/10009443675