Showing 1 - 10 of 13
This report defines a framework to evaluate and collect data on incidents and accidents occurring in hospitals and to create database at local and national level. Our goals are: 1) to provide a structure for thorough analysis within the hospitals that can be used with the already existing tools...
Persistent link: https://www.econbiz.de/10005079406
This document presents the StarLink corn case in four sections. The StarLink corn had been approved by the Environmental Protection Agency (EPA) in 1998 for use only in animal food and other non-alimentary industrial products, due to the potential human allergy reactions. But in September 2000,...
Persistent link: https://www.econbiz.de/10005838746
We elicit subjects' willingness to pay to reduce future risk. In our experiments, subjects are given a cash endowment and a risky lottery. They report their willingness to pay to exchange the risky lottery for a safe one. Subjects play the lottery either immediately, eight weeks later, or...
Persistent link: https://www.econbiz.de/10004988529
In this report, we first develop a simplified example that illustrates the importance of considering the option ``waiting to invest'' when valuing an investment. This is followed by a short description of other options that could be embedded in an investment opportunity. In order to stress the...
Persistent link: https://www.econbiz.de/10005100465
This document deals with business processes performed by two or more trade partners. Companies expect many benefits from the integration of such processes: cost reduction, better access to their customers and suppliers, and even more flexible types of interactions. However, the integration of...
Persistent link: https://www.econbiz.de/10005100491
In this experimental study we examine behavior relating to voluntary contributions to reduce expected losses associated, for example, with the occurrence of natural disasters or major industrial accidents. We ask subjects to allocate tokens between a private investment and a public investment....
Persistent link: https://www.econbiz.de/10005100545
We examine whether risk, timing or mispricing hypotheses can explain the underperformance of private and public equity issuers, in Canada, where both categories share several common characteristics. Adding an investment risk factor to the TFPM reduces, but does not eliminate, the...
Persistent link: https://www.econbiz.de/10005100594
Via the well-known financial leverage effect, decreases in stock prices cause an increase in the levered equity beta for a given unlevered equity beta. However, as growth options are more volatile and have higher risk than assets in place, a price decrease may decrease the unlevered equity beta...
Persistent link: https://www.econbiz.de/10005100670
Notwithstanding the domain of activities where they are conducted, projects often entail risks, and risk management has been widely recognized as a success factor in project management. While several lists of risk factors have been proposed in several domains, there exists no generic tool for...
Persistent link: https://www.econbiz.de/10005101050
This paper distinguishes relative risk aversion and resistance to intertemporal substitution in climate risk modeling. Stochastic recursive preferences are introduced in a stylized numeric climate-economy model using preliminary IPCC 1998 scenarios. It shows that higher risk aversion increases...
Persistent link: https://www.econbiz.de/10005169013