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empirical strategy to test whether oligopolistic frms use forward contracts for strategic motives, for risk-hedging, or for both …. An increase in the number of players weakens the incentives to sell forward for risk-hedging reasons.However, if …Building on a model of the interaction of risk-averse frms that compete in forward and spot markets, we develop an …
Persistent link: https://www.econbiz.de/10010325991
This paper evaluates an editorial and seven invaluable and interesting review papers for the Journal of Risk and … global guidelines to their United States (US) implementation, connections among big data, computational science, economics …, finance, marketing, management and psychology, factors, outcome, and the solutions of supply chain finance, with a review and …
Persistent link: https://www.econbiz.de/10012611387
economics literatures address issues of innovation, demand and consumption. It goes on to offer different approaches to the … economics of demand and innovation through an evolutionary framework, before reviewing how consumption fits into evolutionary …
Persistent link: https://www.econbiz.de/10011895997
largely independent disciplines, economics and sociology, and reflects an attempt to bring the two fields of discourse more … academics working in the fields of economics, sociology and business studies. It sketches the agenda for future research about …
Persistent link: https://www.econbiz.de/10011895998
effectively resolving its key development challenges in order to improve the quality of life of its citizens. Regarding economics … role of marketing and the shift of roles in its processes in order to show the urge to become familiar with the spirit of … open innovation and rethink marketing strategy in this emerging reality. …
Persistent link: https://www.econbiz.de/10014520678
The global economy plays an important role in the development of a region or a county/district as it promotes the exploitation of resources and space in a logical and rational manner. The trend of global economic uniformity allows opportunities and risks to Botosani County since globalization...
Persistent link: https://www.econbiz.de/10012017117
Consider a simple two-state risk with equal probabilities for the two states. In particular, assume that the random … way, we can extend and generalize existing results about risk attitudes. This lottery preference includes behavior … exhibiting higher order risk effects, such as precautionary effects and tempering effects. …
Persistent link: https://www.econbiz.de/10010264492
This paper examines preferences towards particular classes of lottery pairs. We show how concepts such as prudence and temperance can be fully characterized by a preference relation over these lotteries. If preferences are defined in an expected-utility framework with differentiable utility, the...
Persistent link: https://www.econbiz.de/10010271070
Dominance and further toDecreasing Absolute and Increasing Relative Risk Aversion Stochastic Dominance. The efficient sets …
Persistent link: https://www.econbiz.de/10010325820
For more than three decades, empirical analysis of stochastic dominance was restricted to settings with mutually exclusive choice alternatives. In recent years, a number of methods for testing efficiency of diversified portfolios have emerged, which can be classified into three main categories:...
Persistent link: https://www.econbiz.de/10010325987