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countries. To examine the effects of public risk management programs onoptimal nitrogen fertilizer use and land allocation to …
Persistent link: https://www.econbiz.de/10009445763
. 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
uncertainty did not significantly influence acquisition value, providing no support for Prospect Theory. However, greater … two questions from the decision making literature. First, what determines how much uncertainty a firm has when investing … theoretical comparisons are conducted. In the first, economic theory, behavioral theory (the Behavioral Theory of the Firm and …
Persistent link: https://www.econbiz.de/10009438770
Energy prices have exhibited significant volatility in recent years. For example, natural gas pricesranged from $4 to $15 per MM BTU's in calendar years 2005 through 2011. Future prices are uncertainbut are likely to retain a high level of volatility. This volatility complicates analysis of...
Persistent link: https://www.econbiz.de/10009464935
variables were significant. The major focus of the study -- differences between individual and group-assisted risk evaluations … role. Based on the results of this study, it appears that the accounting firm wishing to suppress risk in its evaluations …
Persistent link: https://www.econbiz.de/10009477964
certainty, risk, or uncertainty, the software outputs match with the results of actual highway programming at least 85 percent … physical highway assets or system usage only under certainty or risk, this research focuses on the management of an entire … highway network that also incorporates tradeoff decisions involving uncertainty. Systemwide multiattribute utility functions …
Persistent link: https://www.econbiz.de/10009430725
A Monte Carlo simulation was used to generate data for a comparison of five robust regression estimation methods with ordinary least squares (OLS) under 36 different outlier data configurations. Two of the robust estimators, Least Absolute Value (LAV) estimation and MM estimation, are...
Persistent link: https://www.econbiz.de/10009475082
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
, de Finetti, Savage and Anscombe and Aumann in giving axioms for a theory of robust preferences. We establish that …
Persistent link: https://www.econbiz.de/10009441010