Showing 1 - 10 of 435
Abstract Using a real effort experiment, we analyze the dependence of tax evasion on the amount of effort invested to …
Persistent link: https://www.econbiz.de/10014619304
was tested using a completely randomised vignette experiment. In all, 102 master’s students had to indicate their …
Persistent link: https://www.econbiz.de/10014784883
Purpose The purpose of this paper is to investigate if Bowman’s Paradox (negative association between risk and return … examines the relationship between four risk and return proxies, across a wide ranging time period and utilizing a number of … regression methodology measure. Findings Confirms the existence of the Paradox. Also documents that the association between risk …
Persistent link: https://www.econbiz.de/10014668357
Purpose Prospect theory is now widely accepted as the dominant model of choice under risk, but has not been fully …
Persistent link: https://www.econbiz.de/10014667454
Purpose – This article aims to investigate whether intermediaries reduce loss aversion in the context of a high‐involvement non‐frequently purchased hedonic product (tourism packages). Design/methodology/approach – The study incorporates the reference‐dependent model into a multinomial...
Persistent link: https://www.econbiz.de/10014722889
We examine the traditional deterrence game between Challenger and Defender. We treat two variations of the game – the complete information game and the one-sided information game where the first mover, Challenger, is the uncertain player. We employ sequential decision theory to analyze the...
Persistent link: https://www.econbiz.de/10014618012
idiosyncratic risk, and argue that when a firm performs better than its benchmarks, the firm tends to play safe by avoiding firm …-specific risk to maintain its satisfactory performance level, but when a firm performs worse than its benchmarks, the firm may … tested the relationships between restaurant firms’ future idiosyncratic risk and the proposed firm financial characteristics …
Persistent link: https://www.econbiz.de/10014763946
Purpose – The purpose of this paper is to examine semi-strong market efficiency by observing the behavioral finance implications of Jim Cramer’s recommendations in bull vs bear markets. The authors extend the literature by analyzing investor reaction through the lenses of prospect theory,...
Persistent link: https://www.econbiz.de/10014785497
risk, are rewarded with higher economic returns. Yet, these findings are based on private, not public standards. With … of their desire to minimize risk resulting from failure to support the goal at the heart of the public standards. Design …
Persistent link: https://www.econbiz.de/10014791331
Purpose The purpose of this paper is to contribute toward the current limited understanding of service bundles by investigating how purchasers of combined product-service bundles (bundle customers) differ from those purchasing a product and associated service separately (non-bundle customers)....
Persistent link: https://www.econbiz.de/10014894557