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. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …
Persistent link: https://www.econbiz.de/10009442826
Persistent link: https://www.econbiz.de/10004820880
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547
endogenous cropchoices and prices, we study the effects of ex ante regulation and ex post liability of GMO producers onmarket …
Persistent link: https://www.econbiz.de/10009442835
This paper examines the possible causes of the nationwide unfunded public pension liability problem in the U.S., and … evaluate the effects of different recommendations on their ability to decrease the unfunded liability’s outstanding sum. This … fiscal effects the solutions will have on the outstanding liability. Finally I conclude with a set of solid analytical and …
Persistent link: https://www.econbiz.de/10009450209
steigern. Eine Divergenz im systemischen Risiko kann zu einer Divergenz im Versicherungsangebot führen. Eine öffentliche …­kosten als Hofertragsversicherungen. Letztere können aber, abhängig von den Selbstbeteiligungen, das Risiko der Landwirte stärker …
Persistent link: https://www.econbiz.de/10009429007
Previous studies suggested that a monopoly durable goods seller can useleasing to effectively avoid the time-inconsistent problem raised byCoase Conjecture. This paper extends those previous works by examiningthe monopoly seller's selling and leasing strategy for a special type ofdurable good...
Persistent link: https://www.econbiz.de/10009435103
history and worst-case data from RMP*Info. Risk Analysis, 23(5), 865–881.] summarize the accident frequencies and severities … consequence events because of their rarity. Given this information limitation, this paper uses Bayesian theory to forecast …. Systematic analyses of the databases also help to avoid future accidents, thereby reducing the risk.More specifically, this paper …
Persistent link: https://www.econbiz.de/10009438527
theoretical comparisons are conducted. In the first, economic theory, behavioral theory (the Behavioral Theory of the Firm and … Prospect Theory), and Bounded Rationality are tested as potential determinants of acquisition uncertainties. In the second …, economic theory and Prospect Theory are tested as potential determinants of the value of the machine acquired.To answer these …
Persistent link: https://www.econbiz.de/10009438770
In four studies, student and nonstudent participants evaluated the possible outcomes of binary decisions involving health, safety, and environmental risks (e.g., whether to issue a dam-failure evacuation order). Many participants indicated that false positives (e.g., evacuation, but no dam...
Persistent link: https://www.econbiz.de/10009441242