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) If the relative measure of risk aversion is less (more) than 1 then more information raises (reduces) income inequality …. (b) When a risk sharing market is available better information results in higher inequality regardsless of the measure … risk aversion. …
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We provide the first estimates of the impact of managers' risk preferences on their training allocation decisions. Our … conceptual framework links managers' risk preferences to firms' training decisions through the bonuses they expect to receive …. Risk-averse managers are expected to select workers with low turnover risk and invest in specific rather than general …
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The main goal of the National Project ‘Education' – to ensure Russia's placement in the top ten countries in general education quality ranking – is quite achievable. However, there exist some risks that the motivation of the project participants may dwindle, and the approach to...
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We provide the first estimates of the impact of managers' risk preferences on their training allocation decisions. Our … conceptual framework links managers' risk preferences to firms' training decisions through the bonuses they expect to receive …. Risk-averse managers are expected to select workers with low turnover risk and invest in specific rather than general …
Persistent link: https://www.econbiz.de/10013405955