We propose a new theory of choice between lotteries, which combines an 'economic' view of decision making - based on a … rational, though incomplete, ordering - with a 'psychological' view - based on heuristics. This theory can explain observed … violations of EU theory, namely all cyclical patterns of choice as well as violations of independence.  …

Librarians face considerable liability exposure, especially from employment actions, simple personal injury negligence … actions, and from perceived violations of constitutional rights. Explains why and how liability insurance can be used in … managing such risk, when liability insurance is needed, and compares four sample policies.  …

The author provides an analysis of the underlying structural liability in the banking business by analysing balance … sheets across the banking industry. He shows that the structural liability of different banks varies enormously. He argues … that asset and liability management professionals need to have a deep understanding of the financial markets and of the …