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manufacturer invests in a greening effort to produce green products by incorporating environment friendly features. These green … generalized case where the manufacturer and retailer are assumed to be risk averse. The risk aversion is modeled using a popular … the impact of the risk-aversion, demand leakage, and market uncertainty on the performance of supply chain coordination. …
Persistent link: https://www.econbiz.de/10012662756
manufacturer invests in a greening effort to produce green products by incorporating environment friendly features. These green … generalized case where the manufacturer and retailer are assumed to be risk averse. The risk aversion is modeled using a popular … the impact of the risk-aversion, demand leakage, and market uncertainty on the performance of supply chain coordination. …
Persistent link: https://www.econbiz.de/10012029403
although risk can be measured, uncertainty cannot be measured. Even though risk can be measured, a simple symmetric measure … attempt at "measuring" risk or (fundamental) uncertainty is flawed. …
Persistent link: https://www.econbiz.de/10011543578
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Persistent link: https://www.econbiz.de/10011565471
This paper develops a model of risky investment in education under disappointment aversion, modelled as loss aversion around one's endogenous expectation. The model shows that disappointment aversion reduces the optimal investment in education for lower ability people and increases it for higher...
Persistent link: https://www.econbiz.de/10011569052
Persistent link: https://www.econbiz.de/10011656840
This paper re-examines the performance of REITs, stocks, and fixed-income assets based on the preferences of risk …-averse and risk-seeking investors using mean-variance and stochastic dominance approaches. Our findings indicate no first … order to maximize their expected utility, the risk-averse prefer fixed-income assets over real estate, which, in turn, is …
Persistent link: https://www.econbiz.de/10011556251
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Persistent link: https://www.econbiz.de/10010519835