Financial decision-making rarely follows models derived from economic theory, which postulate that people are rational economic actors. Psychological alternatives abound. The Tversky-Kahneman heuristics approach is dominating, but it needs to be complemented with emotional and personality...

This paper examines the effects of customer familiarity (i.e. the number of previous consumption-related experiences) on a) expectations prior to the consumption of a service, b) performance perceptions after the consumption, and c) satisfaction after the consumption. Data collected in a...

The main purpose of the present study was to investigate the extent that dimensions of emotional intelligence (EI) would explain affect intensity. It was assumed that emotionally intelligent individuals in similarity to under-aroused individuals tend to actively take action to raise baseline...

This paper is concerned with the different forms of organizations which emerge in a capitalist market society. A theory is presented which primarily aims to describe and explain the repertoire of organizational forms which occur in such economies. In this paper, there is an emphasis on the...

It is well known that the profitability within the process industry is heavily dependent upon the degree of utilisation of the plants. Utilisation, in turn, is dependent upon the often very volatile market conditions for the commodity produced. <p> This paper examines the implications for capital...</p>

The purpose of the paper is to incorporate probabilistic business failure predictions in discounted cash flow (DCF) models for the valuation of company bonds and owners´ equity. The analysis shows that period-specific probabilities of business failure are instrumental to the assessment of...

Extensive research on risk perception has led to a received view (the psychometric model or paradigm), which stresses that members of the public react negatively to technology whenever it (a) is new, (b) causes “dread”, and (c) there is low trust in experts and organizations concerned with...

Probabilistic business failure prediction models are commonly estimated from non-random samples of companies. The proportion of failure companies in such samples is often much larger than the proportion of failure companies in most real-world decision contexts. This so-called “choice-based...

Two changes happened in 1998 that affect pension planning in a Swedish municipality. In the first place, there were changes in laws that affect accounting for pensions: Accrued pension rights that have been earned from 1998 have to be entered as a liability in the balance sheet. Pension rights...

Rapporten behandlar e-handel ur ett konsumentperspektiv. Frågeställningen är vilka psykologiska och teknologiska faktorer som samverkar och hur dessa påverkar konsumentens köp via Internet? Genom en litteraturgenomgång av empiri på området, identifieras några viktiga psykologiska och...