that is subject to no employment protection, a firm constrained in firing will prefer a risk-free project over a risky one …

This study models and examines how changes in marketing information affects the degree of investor's risk aversion, and … evidence in this study indicates that cumulative prospect theory (CPT) investors have propensity to discipline their …

the firm's exposure to IST shocks and risk premia. Our calibrated model replicates: i) the predictability of returns by … returns by aggregate investment and valuation ratios; and v) a downward sloping term structure of risk premia for dividend …

theory where the capacity level is given. We consider a monopoly setting as well as a duopoly setting. Our main results are …

investments.The risk-taking approaches of these investors are often ignored.This research examines the individual and combined … effect of risk aversion and uncertainty on productive investment decisions.A theoretical approach to understanding … uncertainty and risk aversion is presented within the literature review, and based on the previous research, five hypotheses are …