andcapital are quasi-fixed assets, and that production is characterized by constant returns to scale are testedand the evidence … supports these assumptions. An empirical application of the arbitrage equations providesevidence that risk aversion and … adjustment costs are jointly significant components of agricultural production,and that adjustment costs generate significant …

monetary theory of production that integrates the insights of Post-Keynesian monetary theory and the triangular contracts of … trading frictions to motivate the issue of risk-spreading ‘bundled’ debt are more promising for money creation, although they … still cannot explain the the holding and valuation of money. Using the concept of team-production of Alchian and Demsetz and …

"While the conditions of production give some guidance to what factor groupings are desirable ceteris paribus, they do …

"The classical economists were primarily engaged in analysis of the wonder that is production. The marginalists, while … because there they found a problem readily amenable to the mathematical tools at hand. Production process was assimilated … after a couple of decades, in a conveniently truncated form In neoclassical writings production was a mirror image of the …

. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method … is outlined using the empirical case of agricultural production in floodplains of the UKover 28 years. A quasi …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in …

Produktion existierenden operativen Risiken. Die Validierung der Methode erfolgt anhand eines Beispiels aus dem Bereich des … the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …

In the following thesis I propose a microeconomic Multi-Agent-Model of a production sector. I apply a Post …-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …

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 …

This thesis contributes to the development of theoretical and experimental approaches that extend the analysis of risk … preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … are concerned with extensions and applications of the most promising descriptive theories of behavior under risk. In these …