Showing 110,001 - 110,010 of 111,576
choice under risk. Various combinations of these approaches are used with expected utility and rank-dependent theory to …
Persistent link: https://www.econbiz.de/10008621787
endogenous responses to the fundamentals driving asset prices. When agents are risk-averse they need to make forecasts of the … time in agents¡¯ estimates of risk. …
Persistent link: https://www.econbiz.de/10008622068
The main objective of this paper is to present a reading of The Arcades Project by Walter Benjamin in the context of the financial crisis, in particular, reflect from a few fragments of Benjamin's work appear to lie around a Black Swan. The recovery of the fragments of The Arcades seems...
Persistent link: https://www.econbiz.de/10008622248
of choice under risk. The axiomatic foundation of Yaari's non-expected utility approach permits the formulation of a …'s attitude towards risk from its attitude towards wealth and is consistent with experimental evidence on decision-making under … wealth and is compatible with either risk aversion or risk inclination. This appealing feature of the dual theory allows us …
Persistent link: https://www.econbiz.de/10008565971
(english) This paper tests if agricultural and climatic shocks have persistent impacts on consumption growth in 7 rural areas from Madagascar. The empirical framework is inspired by a standard Solow growth model. Shocks are introduced directly in the reduced form model as controls for factor...
Persistent link: https://www.econbiz.de/10008566261
namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional …
Persistent link: https://www.econbiz.de/10008567670
index of institutionalized social technologies and its sub indices namely Risk reducing technologies and Anti rent seeking …
Persistent link: https://www.econbiz.de/10008567678
Three experiments are presented that compare alternative explanations to the coexistence of risk aversion and under …
Persistent link: https://www.econbiz.de/10008568088
Measuring and managing the risk associated with any decision has become an inescapable element of the decision …-making process in organizations, whether public or private. Risk management is a central preoccupation of CIRANO and a recent … initiative in that area directly addresses risks associated with healthcare.<br><br>The network for risk management, patient …
Persistent link: https://www.econbiz.de/10008568664
This article focuses on the volatility of crude oil futures prices on the New York Mercantile Exchange. It aims at examining whether this market creates excess volatility, which would not be observed in the absence of such a market. In order to reach this objective, price fluctuations are...
Persistent link: https://www.econbiz.de/10008572189