Similar Search Results

What to Do if Dollar is Not a Dollar? The Impact of Inflation Risk on Production and Risk Management

Adam-Müller, Axel F. A. - 2001

Persistent link: https://www.econbiz.de/10010324059

Blume, Lawrence E.; Easley, David; Halpern, Joseph Y. - 2009

Contemporary approaches to decision making describe a decision problem by sets of states and outcomes, and a rich set of acts: functions from states to outcomes over which the decision maker (DM) has preferences. Real problems do not come so equipped. It is often unclear what the state and...

Persistent link: https://www.econbiz.de/10010294014

Formal vs. informal protection instruments and the strategic use of patents in an Expected-Utility framework

Neuhäusler, Peter - 2009

with varying mechanisms. Against the background of the Expected-Utility Theory (EU-Theory), firms are differentiated by … their size, technological field and their degree of internationalization. According to the EU-Theory modelling, it is … 540 records of patenting companies in Germany is used. Differences in attitudes towards protection mechanisms and …

Persistent link: https://www.econbiz.de/10010299401

An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data

Morone, Andrea; Schmidt, Ulrich - 2006

Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative nonexpected utility theories. The present paper performs a similar analysis which relies on pricing data instead of...

Persistent link: https://www.econbiz.de/10010296261

Risk Aversion and the Subjective Time Discount Rate: A Joint Approach

van Praag, Bernard M.S.; Booij, Adam S. - 2003

In this paper we analyze a large sample of individual responses to six lottery questions. Wederive a simultaneous estimate of risk aversion ? and the time preference discount rate ? perindividual. This can be done because the consumption of a large prize is smoothed over a largertime period. It...

Persistent link: https://www.econbiz.de/10010324926

An Experimental Investigation of the Role of Errors for Explaining Violations of Expected Utility

Neugebauer, Tibor; Schmidt, Ulrich - 2003

One possible conclusion from recent experimental research on decision making under risk is that observed behaviour can be reasonable accommodated by expected utility plus an error term. This conclusion implies that the violation rate of expected utility should decrease if errors are excluded....

Persistent link: https://www.econbiz.de/10010261667

An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data

Schmidt, Ulrich; Morone, Andrea - 2003

Persistent link: https://www.econbiz.de/10010278003

An economic index of riskiness

Aumann, Robert J.; Serrano, Roberto - 2006

Define the riskiness of a gamble as the reciprocal of the absolute risk aversion (ARA) of an individual with constant ARA who is indifferent between taking and not taking that gamble. We characterize this index by axioms, chief among them a “duality” axiom which, roughly speaking, asserts...

Persistent link: https://www.econbiz.de/10010318897

The dead anyway effect revis(it)ed

Breyer, Friedrich; Felder, Stefan - 2002

In the expected-utility theory of the monetary value of a statistical life, the so-called "dead-anyway" effect …

Persistent link: https://www.econbiz.de/10010260809

Chancen und Risiken von CSR im Mittelstand

Icks, Annette; Levering, Britta; Maaß, Frank; Werner, Arndt - 2015

Die Studie erörtert Chancen und Risiken, die mit der Anwendung der Unternehmensführungsstrategie CSR (Corporate Social Responsibility) verbunden sind. Eine Vielzahl an Gefahren in CSR-aktiven Unternehmen - darunter das Risiko des Greenwashings - werden identifiziert, systematisiert und...

Persistent link: https://www.econbiz.de/10010500582

1
2
3
4
5
6
7
8
9
10
Next
Last