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Information and Risk in the Medieval Doctrine of Usury during the Thirteenth Century …
Persistent link: https://www.econbiz.de/10010898670
With a market entry game inspired by Camerer and Lovallo (1999), we study the attitudes of junior and senior employees towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the market capacity is not too low or when earnings from...
Persistent link: https://www.econbiz.de/10010899002
attention. They nonetheless constituted an opportunity to introduce a sophisticated analysis of individual decision under risk …. Through various examples, Smith pointed out a risk-seeking attitude, figured out in the paper in terms of inverse stochastic … overestimate the chance of gain, which leads to favor a rank-dependent utility approach within which optimism toward risk can …
Persistent link: https://www.econbiz.de/10010899316
. This study therefore sheds light on the importance of enhancing bank competition to overcome bank risk and strengthen …
Persistent link: https://www.econbiz.de/10010899326
this theorem to explain the well-known problems of utility and decision theories, such as risk aversion, the underweighting …
Persistent link: https://www.econbiz.de/10010899454
unemployment risk. We show that the global effect of uncertainty is negative, except if a sufficiently high risk premium exists. …
Persistent link: https://www.econbiz.de/10010899522
After a few centuries of speeding up, the distribution of GNP's growth rates has widely changed all round the world. Growth is slowing down in advanced countries and has accelerated in emerging countries. Moreover growth is questioned as a matter of principle. Considering the vast array of...
Persistent link: https://www.econbiz.de/10010899774
has a specific behaviour with respect to the sanitary risk. Moreover, by taking the results of different works that …
Persistent link: https://www.econbiz.de/10010899788
The aim of this paper is to present the appliance possibilities of optional approach to investment projects valuation, as well as new theoretical and methodological framework of investment analysis, to project of producing and selling healthy organic food. Unlike traditional methods of project...
Persistent link: https://www.econbiz.de/10010900080
can create a numerical snapshot of consumers risk profile. One of the most important characteristic of scoring models is …
Persistent link: https://www.econbiz.de/10010900082