We propose a model of decision making that captures reluctance to bet when the decision maker (DM) perceives that she lacks adequate in- formation or expertise about the underlying contingencies.

We propose a model of decision making that captures reluctance to bet when the decision maker (DM) perceives that she lacks adequate information or expertise about the underlying contingencies. On the other hand, the same DM can prefer to bet in situations where she feels specially knowledgeable...

Huambo has central capacities able to compete and complement other major towns in Africa such as Johannesburg and Nairobi. Nevertheless, Huambo, the second city of Angola, was at war from 1975 till 2002 and continued to be relatively isolated from 2002 till 2006, because it took some time to...

The objective of this paper is to define what problems the city of Angra do Heroísmo (Terceira Island, Azores) faces in what regards urban sustainability, so as to improve the quality of life of the residents and to ensure the adequate growth and progress of the city in all areas, as possible....

Accross river basins water can have different types of values according not only to its production costs but also due to changes in the willingness to pay across the territory. The generalized view that integrated water management must be made through a centralised mechanism does not consider...

Science is driven by research funds, research funds are associated with decision making, and decision making is attached to valuation. Therefore every scientific paradigm tend to devise its own valuation system. Ecconomists prefer cost benefit analysis where everything can be translated into...

Islands are attractive places for tourists and most islands can be, sooner or later, requested by an increasing touristic demand. But islands are also places where natural capital has very defined limits. The aim of this paper is to assess the carrying capacity of islands in terms of water in...

Islands are one of the most important destinations for tourism and leisure. However, islands exhibit different levels of attractiveness in the course of time and comparing with other islands. The objective of this paper is to analyze this subject for the Archipelago of the Azores, using gravity...