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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
-order risk preferences. In order to assess whether risk preferences differ for decisions over gains and losses the experiment was …This thesis contributes to the development of theoretical and experimental approaches that extend the analysis of risk … 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
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
Recent finance and real estate empirical and analytical studies have demonstrated that downside risk appears as an … intuitively appealing risk measure in which it is more consistent with investors' behaviours. Conversely, qualitative studies into … this shortfall and aims to examine the behaviours of property fund managers towards downside risk. A survey was conducted …
Persistent link: https://www.econbiz.de/10009482153
Einkommensbesteuerung und deren Wahrnehmung auf die Arbeit-Freizeit-Entscheidungen untersucht wird.Im ersten Experiment des ersten Teils … Laborexperiment sollten die Teilnehmer eine Entscheidung über die genaue Höhe einer Investition treffen. In verschiedenen Treatments … reale Arbeit-Freizeit-Entscheidung treffen.Als zentrales Ergebnis beider Laborexperimente lässt sich Folgendes …
Persistent link: https://www.econbiz.de/10009478158
A novel procedure is described for accelerating the convergence of Markov chain Monte Carlo computations. The algorithm uses an adaptive bootstrap technique to generate candidate steps in the Markov Chain. It is efficient for symmetric, convex probability distributions, similar to multivariate...
Persistent link: https://www.econbiz.de/10009441534
risk through investment in equipment or production of other crops on the property. …
Persistent link: https://www.econbiz.de/10009446730
Over recent years, study on risk management has been prompted by the Basel committee for the requirement of regular … banking supervisory. There are however limitations of many risk management methods: 1) covariance estimation relies on a time … accurately and fast measure risk exposures of multivariate portfolios. The basic idea is to first retrieve out of high …
Persistent link: https://www.econbiz.de/10009467091
in the context of Risk Management, the conclusion becomes apparent: The environmental uncertainty that surrounds … entrepreneurial actions includes both opportunities and threats. As commonly practiced though, Risk Management tools only address … Risk Management approach. Nevertheless, in terms of Erasmus, this approach represents the one-eyed man when compared with …
Persistent link: https://www.econbiz.de/10009460982