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Neuroökonomie und Neuromarketing: Neurale Korrelate strategischer Entscheidungen
Hain, Cornelia; Lehmann-Waffenschmidt, Marco; Kenning, Peter - 2007
Die Bedeutung von Emotionen und Affekten bei ökonomischen Entscheidungen wird seit mehreren Jahren in der ökonomischen Literatur diskutiert (z. B. Rabin, 1998). Eine Erklärung der empirischen Evidenz in diesem Bereich, die über eine bloß phänomenologische Ebene hinausgeht, verlangt eine...
Persistent link: https://www.econbiz.de/10010296816
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On the origin of r-concavity and related concepts
Balogh, Tamás L.; Ewerhart, Christian - 2015
In a less widely known contribution, Béla Martos (1966, Hungarian Academy of Sciences) introduced a generalized notion of concavity that is closely related to what is nowadays known as r-concavity in the operations research literature, and that is identical to what is nowadays known as...
Persistent link: https://www.econbiz.de/10010486881
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On The Concentration of Large Deviations for Fat Tailed Distributions, With Application to Financial Data
Filiasi, Mario - 2014
Large deviations for fat tailed distributions, i.e. those that decay slower than exponential, are not only relatively likely, but they also occur in a rather peculiar way where a finite fraction of the whole sample deviation is concentrated on a single variable. The regime of large deviations is...
Persistent link: https://www.econbiz.de/10013066844
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Tax Efficiency of Minority Investment Portfolios
White, Kenneth - 2017
In this study we use the 2010-2013 Survey of Consumer Finances to analyze the allocation and location of financial assets in categorizing the tax-efficiency of investment portfolios by race/ethnicity. We find that Blacks and Hispanics tend to be more tax-efficient since they invest largely...
Persistent link: https://www.econbiz.de/10012946165
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Reconsidering Creditor Governance in a Time of Financial Alchemy
McClane, Jeremy - 2021
contributing to firm governance. However, lenders’ influence has receded in recent years for a large and important class of …. Recent data suggests that creditor governance is waning at a moment when U.S. corporations carry more debt than at any time … of the change in creditor corporate governance and its implications. It shows how the diminishment of lenders’ role in …
Persistent link: https://www.econbiz.de/10013211233
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A brief note concerning Hayek's non-standard conception of knowledge
Scheall, Scott - 2018
Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western intellectual tradition from at least the time of Plato onward. In this brief note, I aim to uncover and succinctly state Hayek's unique definition of knowledge.
Persistent link: https://www.econbiz.de/10011950203
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On the Term 'Entrepreneur' and the Conceptualization of Entrepreneurship in the Literature of Classical Economics
Jonsson, Petur O. - 2017
Some of the literature on entrepreneurship suggests that the term entrepreneur was first introduced by either Cantillon or Say during the industrial revolution in the 18th and early 19th centuries. This article, by contrast, shows the term and the concept to be far older. Moreover, before the...
Persistent link: https://www.econbiz.de/10012947416
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Does social capital mitigate precariousness?
Sabatini, Fabio - 2008
There is a surprising gap in the economic literature on social capital. First, we lack studies addressing the effects of social capital on those facets of development that can contribute in making growth more sustainable in the long run, like, for example, human development and social cohesion....
Persistent link: https://www.econbiz.de/10010270945
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The economics and psychology of inequality and human development
Cunha, Flavio; Heckman, James Joseph - 2009
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and investments in children are substantial....
Persistent link: https://www.econbiz.de/10010274252
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Entrepreneurship and human development: A capability approach
Gries, Thomas; Naudé, Wim - 2010
We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into entrepreneurship. From a CA view, entrepreneurship is...
Persistent link: https://www.econbiz.de/10010280225