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. 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
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
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 …
Persistent link: https://www.econbiz.de/10009482308
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547
The only way resources can be efficiently allocated in our market system is if prices of resources, goods, and services properly reflect their true value to society. However, because of (a) imperfections in the pricing mechanisms that currently influence private-sector decision making; (b) the...
Persistent link: https://www.econbiz.de/10009436739
National laboratories have limited resources to devote to the transfer of government-funded technologies to the commercial sector. Companies, too, face resource constraints in their attempt to identify and assimilate innovations which fit with their strategic objectives. For these reasons,...
Persistent link: https://www.econbiz.de/10009437396
The reality of protected area management is that enforcing forest and parkboundaries is costly and so most likely incomplete, due in part to the pressures exerted on the boundaries by local people who often have traditionally relied on the park resources. Buffer zones are increasingly being...
Persistent link: https://www.econbiz.de/10009441504
En este trabajo presentamos un modelo en el que las actividades extractivas referidas a un recurso natural renovable, si son abusivas, generan algún tipo de reacción social que modifica las preferencias sociales. Esta modificación es tenida en cuenta por el planificador a la hora de decidir...
Persistent link: https://www.econbiz.de/10009445102