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Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10011256729
use an analytical framework in which wage differentials result from two types of uncertainty. Quantity uncertainty … originates from imperfect foresight in future product demand. I argue that workers who take over part of the quantity uncertainty … from the employer get higher payments. Quality uncertainty on the other hand originates from the fact that employers are ex …
Persistent link: https://www.econbiz.de/10011256891
investment and investment in energy saving technologies,using subjective evaluations of expectations and uncertainty of Dutch …This paper analyses the effect of uncertainty on investment spending. We analyse twotypes of investment, i.e. aggregate … in energy saving technologies in small firms are largely cost driven, whereas inlarge firms they are an integral part of …
Persistent link: https://www.econbiz.de/10011257051
data from a representative Dutch household panel to study the impact of uncertainty regarding one's savings adequacy on … economics that provide opposing predictions regarding the impact of uncertainty on retirement savings contributions. Our results … indicate that the effect of uncertainty is moderated by two factors: an individual's perceived adequacy of current savings and …
Persistent link: https://www.econbiz.de/10011257076
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