We examine common asset allocation strategies for retirement investing, considering both static and dynamic approaches … their clients until approximately 10 years prior to a client's retirement, at which point a more conservative allocation … should be employed. Although the average outcome for this approach is technically "better" there is still significant risk …

consumers if one focuses on income rather than present value. Gender-based pricing means that a man must set aside more from his … insured or at the income available to the beneficiary under an annuity, gender-based pricing appears to be quite at odds with … buy insurance with a view to the income it will generate for the beneficiary. Clearly, people buy annuities to provide …

. 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 …

the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …

-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …

of recent developments in the distribution of wage and salary income and in key institutions and organizational … wage and salary income. The emphasis is on the United States and other advanced industrial countries, with some discussion … of the relevance of the theory and analysis to developing economies. …

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 …

Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …

real terms. Ninety five per cent of the income of medical schemes was derived from membership fees. The average real growth … rate of income was 8.4 per cent, while net assets increased by only 3 per cent. An average deficit of R11.02 million …