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Testing rational addiction : when lifetime is uncertain, one lag is enough
Dragone, Davide; Raggi, Davide - 2018
The rational addiction model is usually tested by estimating a linear second-order difference Euler equation, which may … rational addiction model. It is also empirically convenient because it is simple, it allows using efficient estimation … application we estimate the demand for smoking in the US from 1970 to 2016, and we show that it is consistent with the rational …
Persistent link: https://www.econbiz.de/10011813595
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Transition risks and market failure: a theoretical discourse on why financial models and economic agents may misprice risk related to the transition to a low-carbon economy
Thomä, Jakob; Chenet, Hugues - In: Journal of sustainable finance & investment 7 (2017) 1, pp. 82-98
Persistent link: https://www.econbiz.de/10011945029
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Free-TV, Abo-TV, Pay per View-TV : Organisationsformen des privaten Fernsehangebots als Arrangements zur Vermarktung von Unterhaltung
Dietl, Helmut; Franck, Egon - 1999
Persistent link: https://www.econbiz.de/10001426095
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Free-TV, Abo-TV, Pay-per-view-TV: Organisationsformen zur Vermarktung von Unterhaltung
Dietl, Helmut; Franck, Egon - In: Schmalenbachs Zeitschrift für betriebswirtschaftliche … 52 (2000) 6, pp. 592-603
Persistent link: https://www.econbiz.de/10001508712
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Public and private guarantee funds with market fragility
Cooper, Russell W.; Ross, Thomas W. - In: The journal of risk and insurance : the journal of the … 66 (1999) 2, pp. 163-184
Persistent link: https://www.econbiz.de/10001471391
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The intergenerational case of missing markets and missing voters
Doeleman, Jacobus A. - In: Land economics : applied research on environmental resources 74 (1998) 1, pp. 1-15
Persistent link: https://www.econbiz.de/10001239901
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Excessive environmental risks : an intergenerational market failure
VonAmsberg, Joachim - In: European economic review : EER 39 (1995) 8, pp. 1447-1464
Persistent link: https://www.econbiz.de/10001190341
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Risikopolitik
Münch, Richard - 1996 - 1. Aufl.
Persistent link: https://www.econbiz.de/10000928043
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Market versus government failures under risk and under uncertainty
Ciccarone, Giuseppe - In: Journal of public finance and public choice : JPFPC 35 (2020) 1, pp. 81-106
Persistent link: https://www.econbiz.de/10012656625
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The shifting shape of risk : endogenous market failure for insurance
Koch, Thomas G. - In: Risks : open access journal 5 (2017) 1, pp. 1-13
This article considers an economy where risk is insurable, but selection determines the pool of individuals who take it up. First, we demonstrate that the comparative statics of these economies do not necessarily depend on its marginal selection (adverse versus favorable), but rather other...
Persistent link: https://www.econbiz.de/10011636453