defined insurance and non-insurance markets based on the initial loss size, we develop theory to show that insurers with buyer … our theory and find support. Monopolistic insurer-subjects in non-insurance markets increase loss sizes to establish …

Sequential investment opportunities or the presence of a rival typically hasten investment under risk neutrality. By … contrast, greater price uncertainty or risk aversion increase the incentive to postpone investment in the absence of … attitudes towards risk to impact both the optimal technology adoption strategy and the optimal investment policy within each …

This paper develops a tractable dynamic model of competition between two risk-averse portfolio managers who attempt to … equilibrium portfolio policies, and show that a risk tolerant manager decreases, and a risk intolerant increases, her portfolio … risk due to competition. Contrary to the standard result without competition, a higher risk aversion could well incentivize …

This article explores the influence of competitive conditions on the evolutionary fitness of risk preferences, using … they invest in risky assets and the amount of excessive risk they accept, where a positive value of the latter parameter … conditions on investment behavior and attitudes towards risk is significant. What is alarming is that intense competitive …

This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences … conditions on investment behavior and attitudes towards risk is significant. What is alarming is that intense competitive … pressure generates riskseeking behavior and undermines the predominance of the most skilled. -- Risk preferences ; competition …

measures on how to achieve this. -- risk preferences ; competition ; genetic programming ; fund managers ; portfolio theory …This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences … capital invested in a risky asset and the amount of excessive risk accepted, where a positive value of the latter parameter …

This article explores the influence of competitive conditions on the evolutionary fitness of risk preferences, using … they invest in risky assets and the amount of excessive risk they accept, where a positive value of the latter parameter … conditions on investment behavior and attitudes towards risk is significant. What is alarming is that intense competitive …

This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences … capital invested in a risky asset and the amount of excessive risk accepted, where a positive value of the latter parameter … conditions on investment behavior and attitudes towards risk is significant. What is alarming is that intense competitive …

This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences … conditions on investment behavior and attitudes towards risk is significant. What is alarming is that intense competitive …

show that the effect of prize spreads on students' performance depends on their degree of risk-aversion: competing in … tournaments with large spreads negatively affects the performance of risk-averse students, while it does not produce any effect on …