-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance …

qualitative Kosten-Nutzen-Analyse wird ein Markt für Risikoaustausch modelliert. Transaktionskosten werden simultan auf einem …

paper determines producer’s utility function and price processeswhere profit margin hedging is optimal. Profit margin … hedging is shown to be an optimalstrategy under a highly restricted target utility function even in an efficient market … utility of other strategy such as alwayshedging and selling at harvest strategies. A variance ratio test is conducted to test …

This paper develops a framework to link the expected utility analysis to real options models in order to capture the … shortcomings of the commonly used expected utility and investment under uncertainty models be generalizing the theory of …

cooperatives. Using mean variance, expected utility and value-at-risk metrics, the results of these simulations show that various … utility, futures, option, risk management, value at risk. …

utility to risk-averse farmers. Our study is the first to evaluate the welfare implications for producers of the diversified …

expected utility of an alternative, and conditions forthe separation of preferences among alternatives are shown. If …

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 …