This paper explores the impact of six non-communicable chronic diseases (NCCDs) on the decision to retire among men and women aged 45-85 in Jamaica using the 1991 and 1992 Survey of Living Conditions data base.

The objective of this paper is to understand the implications for consumption and portfolio choice of the separation of an investor’s risk aversion and elasticity of intertemporal substitution that is made possible by recursive utility, in contrast to expected utility, where the two are...

Many fouls committed in football (called soccer in some countries) are ambiguous, and there is no objective way of determining who is the “true†perpetrator or the “true†victim. Consequently, fans as well as referees often rely on a variety of decision cues when judging such...

In today's rapidly changing competitive environment, Information Technology (IT) within an organization is continuously improved, driven by the external push of technological advances and internal pull of increasing organizational needs. In order to achieve the greatest return on IT investment,...

Social Network suggests that the decisions are not made in isolation but they are outcome of influence and confluence of social correlates (Srinivasan and Sharan 2005). They are products of consultations with other members of the community or the institutions. Many at times they happen mutually....

This paper analyzes how the statistical properties of a risk affect the attitutde of individuals towards accepting another independent risk. We conduct the analysis for the class of increasing utility functions having all their derivatives with alternating sign.

We study the investment incentives of a regulated, incumbent firm in a deregulation process. The regular cannot commit to a long-term regulatory policy, and investment decisions are taken before optimal regulatory policies are imposed.

Traditional Trade models focus on aggregate and industry flows and usually ignore firm level factors. This paper presents a dynamic model of the export decision by a profit-maximizing firm.