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In dieser Arbeit setzen wir uns mit den Auswirkungen von Risikobeschränkungen auf das optimale Verhalten eines Investors auseinander, welcher versucht, den erwarteten Endnutzen zu einem festgelegten Zeitpunkt zu maximieren. Dazu kann er ein vorgegebenes Anfangsvermögen in einem Markt...
Persistent link: https://www.econbiz.de/10009462193
investment return and measurement of the risk. At the same time the analysis of various author opinions, how useful these models …. Afterwards the risk of these projects was counted because investment returns were almost the same. In the third part author …
Persistent link: https://www.econbiz.de/10009479349
. 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
Konstruktion des Zinsfaktors, der Laufzeit der Zinssätze sowie der Orthogonalisierung des Zins- bzgl. des Marktfaktors variiert … statistische Theorie postuliert. Der Zinsfaktor ist stets deutlich signifikanter und hat einen höheren Erklärungsgehalt, wenn der …1. Problem and motivationBearing and transforming interest rate risk is integral role and service of financial …
Persistent link: https://www.econbiz.de/10009447147
Charakterisierung der Geldpolitik wird dann die Zinsstruktur unter der Annahme fehlender Arbitragemöglichkeiten hergeleitet. Das …. Die Analyse offenbart, dass der "curvature"-Faktor informativer in Bezug auf die zukünftige Entwicklung der Zinsstruktur …
Persistent link: https://www.econbiz.de/10009467089