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These comments are a reaction to a panel discussion on Catastrophe Risk Management and Insurance. They point out that …
Persistent link: https://www.econbiz.de/10014585468
This paper shows how to take into account risk aversion when measuring poverty under income variability. An application … households are sensitive to assumptions on the degree of risk aversion. The results point to the importance of panel data in … order to account for risk aversion and income variability in the measurement of poverty.  …
Persistent link: https://www.econbiz.de/10014587495
extended to contain assets with substantial interest rate risk, such as unit trusts, within a cointegration money demand … in monetary aggregation theory have made it possible to account for interest rate risk in combination with risk aversion …
Persistent link: https://www.econbiz.de/10014588363
collected in San Francisco among a high-risk population from 1994 to 2002. The evidence supports the hypothesis of a causal link …
Persistent link: https://www.econbiz.de/10014591954
Contracting is a contentious issue in agriculture. Competing theories assert that risk or transactions cost drive … attributes using a choice-based conjoint experiment. Results of a study of agricultural producers show that both risk and … avoid total loss of autonomy. These results suggest that the effects of risk and transactions cost are relative and should …
Persistent link: https://www.econbiz.de/10014601245
Benefit-cost analysis (BCA) is frequently applied to decisions involving public safety which requires analyzing risk …
Persistent link: https://www.econbiz.de/10014601579
of expounding upon the technical difference between risk and uncertainty (as classically delineated by Frank Knight …
Persistent link: https://www.econbiz.de/10014615698
) return premium commensurate with the competitive risk incurred. We examine whether such a Hou-Robinson premium exists in the … supports the dual nature of competition in the US grocery sector.Furthermore, when we compare the risk-adjusted average return … share the same level of competitive risk. However, the portfolio of smaller manufacturing firms does not exhibit the …
Persistent link: https://www.econbiz.de/10014619501
ranking of the most systemic settlement risk important financial institutions trading on the FX system, and to understand how …
Persistent link: https://www.econbiz.de/10014621238
This paper examines the influence of consumers’ moral intensity, perceived risks and moral judgment on their purchase intention of pirated software. The aspects of moral intensity include magnitude of consequence, social consensus, probability of effect and temporal immediacy. The perceived...
Persistent link: https://www.econbiz.de/10014848280