Showing 99,091 - 99,100 of 101,678
Persistent link: https://www.econbiz.de/10005582727
This paper describes a theory of rational emulation and deviance. It assumes that individuals care about relative position (or 'status'), and constructs a model of decision-making in social and economic settings.
Persistent link: https://www.econbiz.de/10005583056
too sensitive to the poverty line and that the welfare cost of risk is more severe when an individual's chronic poverty is …
Persistent link: https://www.econbiz.de/10005583509
Persistent link: https://www.econbiz.de/10005583564
interest is defined as the risk minimizer for a suitable loss function and candidate estimators are generated using a loss … minimizing, over subsets of variables (e.g., basis functions), the empirical risk of subset-specific estimators of the parameter …
Persistent link: https://www.econbiz.de/10005585079
Because they track the Model Penal Code, current criminal law formulations of risk offenses typically fail to … particular violator's conscious disregard of, or his inattentiveness to, a risk in a particular situation sufficiently … of reckless and negligent culpability - and fail to provide a rule of conduct provision to define a prohibited risk …
Persistent link: https://www.econbiz.de/10005585200
’ positions. This paper uses data from a realistic competitive risk taking setting, Jeopardy’s Tournament of Champions, to test … aspiration and survival targets guide risk-taking behavior in competitive situations. Furthermore, in situations where decisions …
Persistent link: https://www.econbiz.de/10005585393
This paper shows that the precautionary premium embodies a tradeoff between risk and downside risk. It is the size of a … mean-preserving spread for thish the strength of aversion to risk just offsets the strength of aversion to downside risk …. Using this result, decreasing absolute prudence can be interpreted as meaning that the amount of exposure to risk (as …
Persistent link: https://www.econbiz.de/10005585670
In this paper we address the factors influencing the institutional decision to allocate resources to real estate. We survey a sample of major institutional investors via a web questionnaire. They were willing to answer questions about their target real estate allocation, their plans to increase...
Persistent link: https://www.econbiz.de/10005586952
Persistent link: https://www.econbiz.de/10005587290