Showing 1 - 10 of 408
neutrality and risk aversion for irreversible investment projects. Integrating taxes into real option theory, it can be shown … irreversiblen Investitionen unter Risikoneutralität und Risikoaversion. Durch Integration der Besteuerung in realoptionsbasierte … Risikoneutralität zu identischen Investitionsentscheidungen führen. Unter Risikoaversion dagegen benötigt contingent claims analysis ein …
Persistent link: https://www.econbiz.de/10014609028
of capital structure theory with particular reference to the architecture and functioning mechanisms of the corporate … dem Hintergrund der Theorie der Unternehmensfinanzierung und im Kontext theoretischer Überlegungen zum Aufbau und zur …
Persistent link: https://www.econbiz.de/10014608859
farmer behavior departs from the predictions of expected utility theory and derives the implications of these departures for …
Persistent link: https://www.econbiz.de/10014667372
Purpose – The empirical studies have indicated that the information uncertainty is one of the reasons leading to the momentum effect in the stock market. Based on this conclusion, the concept of “information uncertainty” is deepened into the concept hierarchy of “information...
Persistent link: https://www.econbiz.de/10014694588
. Analyze the impact of the degree of ambiguity aversion on the ICO financing ratio in theory and find that the entrepreneur can …
Persistent link: https://www.econbiz.de/10015341991
under uncertainty: the classical expected utility paradigm, Yaari's dual approach, maximin expected utility theory, Choquet … expected utility theory and Quiggin's rank-dependent utility theory. Building on the actuarial equivalent utility pricing …
Persistent link: https://www.econbiz.de/10014621319
A critical component of agriculture in developing countries is increasing soil fertility in response to depleted soils and declining crop yields. An inventory credit program was introduced in western Niger to generate savings for farmers’ groups to facilitate the purchase of inorganic...
Persistent link: https://www.econbiz.de/10014667215
A farm household consumption model based on the life‐cycle permanent income hypothesis (LPIH) has been specified and the Euler equations derived in this analysis. Estimation of the of the Euler equations using farm household consumption data provided estimates for the intertemporal elasticity...
Persistent link: https://www.econbiz.de/10014667259
Purpose – In Australia broadacre crops can be insured against hail and fire damage and some other perils but not against losses caused by drought, flood or frost. The purpose of this paper is to investigate the private provision of crop insurance in Western Australia....
Persistent link: https://www.econbiz.de/10014667635
. Research limitations/implications This study extends organizational ambidextrous capabilities theory to better understand the … ambidexterity theory to the innovation and characteristics of upper echelons.  …
Persistent link: https://www.econbiz.de/10014693087