Showing 1 - 10 of 452
sei und dass das unterschiedliche Anlageverhalten von Männern und Frauen auf geschlechtspezifische Risikoeinstellungen …
Persistent link: https://www.econbiz.de/10011602096
It is well-known that the discount rate is crucially important for estimating the social cost of carbon, a standard indicator for the seriousness of climate change and desirable level of climate policy. The Ramsey equation for the discount rate has three components: the pure rate of time...
Persistent link: https://www.econbiz.de/10010298642
Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...
Persistent link: https://www.econbiz.de/10010298644
In this paper we assess the importance of sample type in the estimation of risk preferences. We elicit and compare risk … adopt the framework of expected utility theory, our estimation results lead to erroneous inferences. In this case, students …
Persistent link: https://www.econbiz.de/10010310643
Podkarpackie voivodship. Based on the results of research, the article will present both the current state of insurance in local … insurance business in LGUs. The primary objective of this paper is to determine the procedures for concluding the insurance in … LGUs, and also defining the types of insurance most often executed by these entities, and indication of the intermediaries …
Persistent link: https://www.econbiz.de/10011551377
kultureller Kontexte zu verstehen. Die Deutschen sind in ihrem Anlageverhalten stark sicherheitsorientiert, wobei sie ein - wie …
Persistent link: https://www.econbiz.de/10011307038
Persistent link: https://www.econbiz.de/10011602097
Although the link between risk aversion and diminishing marginal utility of wealth is academically well established, theoretical discussions concerning its empirical validity remain. The presented, review-type paper aims to briefly examine theoretical roots responsible for the different views on...
Persistent link: https://www.econbiz.de/10014547764
The following paper is a theoretical introduction of the misinformation effect to behavioural finance. The misinformation effect causes a memory report regarding an event or particular knowledge to become contaminated with misleading information from another source. The paper aims to describe...
Persistent link: https://www.econbiz.de/10011551375
auch die Risikoaversion berücksichtigt. Bei der Verwendung des Nettogeldvermögens ist das Vorsichtssparen statistisch …
Persistent link: https://www.econbiz.de/10010377776