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The objective of this paper is to provide an axiomatic foundation to the concept of ecological footprint indices. For this purpose, we propose five axioms representing general properties which any ecological footprint measure should fulfill. It can be shown that there exists a unique index which...
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We obtain rich measurements of risk preferences for 2939 subjects across 30 countries, and use the data to paint a … picture of the distribution of risk preferences across the globe using structural equation models. Reference‐dependence and … those in Western countries, with poorer countries substantially more risk tolerant than rich countries on average. We …
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