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of uncertainty on travel times and the implications this has forestimations of travel time values has received much less … attention in the literature. In thispaper we compare various modelling approaches to address uncertainty and demonstrate … thatignoring uncertainty issues may easily lead to distorted estimates of values of travel time. Thisis of special relevance in …
Persistent link: https://www.econbiz.de/10011257109
Various plants and resources such as orchards are vulnerable to the detrimental effects of successful invasions by alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a stochastic model of optimal orchard management in the presence...
Persistent link: https://www.econbiz.de/10011257147
. The condition of stability demonstration in economic processes through the measures of uncertainty and certainty is …
Persistent link: https://www.econbiz.de/10011257704
In multiple bounded discrete choice (MBDC) surveys, respondents indicate how certain they would be to vote in favor of a policy at different prices by choosing, for example, among “definitely yes”, “probably yes”, “not sure”, “probably no”, and “definitely no” response...
Persistent link: https://www.econbiz.de/10011257735
Uncertainty as a self-condition of open stochastic system is a principium of development of risk representations and … by uncertainty influence. This circumstance absolutely logically turns this category into central concept of management … theory in various fields of knowledge. In this article the author deeply inquires into a question of uncertainty and …
Persistent link: https://www.econbiz.de/10011258175
firms. To overcome the uncertainty over the structure of the interactive network, the thesis uses model-averaging over 121 …
Persistent link: https://www.econbiz.de/10011258272
This paper approaches the risk management as a decision making process in which the best solution to an exposure is found and implemented. Such a process includes five stages: identifying the risk, assessment of exposure, analysis of the alternatives to deal with the exposure, adopting the...
Persistent link: https://www.econbiz.de/10011258443
В статье рассматриваются теоретические аспекты эволюции фирмы в неопределенной бизнес-среде. Анализируются концепции конструирования рыночной ниши и «эффект...
Persistent link: https://www.econbiz.de/10011222004
В статье рассматривается широкий круг теоретических проблем, связанных с безопасностью субъектов бизнеса. Обосновано, что вопросы минимизации рисков и...
Persistent link: https://www.econbiz.de/10011222269
This paper analyses investments in green technologies when insurance is also an option. Green technologies are defined to have the power to increase productivity and decrease volatility of future revenues. The insurance options involve the scale and coverage either in a yield insurance or in an...
Persistent link: https://www.econbiz.de/10008855299