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alternative technical measures for natural hazard mitigation as well as with the results of a risk-based evaluation. We conclude … that the willingness to pay for avalanche protection of forests is about the same range as the collective risk related to a …
Persistent link: https://www.econbiz.de/10011048061
There has been much recent literature about sex differences in competition, mostly noting that women are innately less competitive than men (Croson and Gneezy, 2009). This article examines the hypothesis that sex differences in propensity to compete are domain specific. We conducted a 2 (sex)×4...
Persistent link: https://www.econbiz.de/10011048164
levels of risk, and thereby unnecessarily stifle medical progress. To address this criticism, regulators are currently … developing more risk-adapted approaches to regulating research. A key feature of these approaches is that they aim to calibrate …
Persistent link: https://www.econbiz.de/10011048425
, bank characteristics (in particular, observed solvency, cash-flow generation and cost efficiency) also affect ratings …
Persistent link: https://www.econbiz.de/10011048524
and variable properties of the incremental cost and the risk of fluctuations in the cost, and establishes a comprehensive … risk-based pricing model for long-distance transmission of large-scale wind power electricity. Gansu Province in China has … eliminate the volatility risk inherent in each simple allocation method, and the fixed and variable characteristics of the …
Persistent link: https://www.econbiz.de/10011049424
Financial, managerial, and medical decisions often involve alternatives whose possible outcomes have uncertain probabilities. In contrast to alternatives whose probabilities are known, these uncertain alternatives offer the benefits of learning. In repeat-choice situations, such learning brings...
Persistent link: https://www.econbiz.de/10011049682
Although considerable progress has been made in understanding the determinants of risk perception and in identifying … the necessary components of effective food risk and benefit communication, this has not been matched with the development … of new media and web technologies, which may offer potential for improving food risk and benefit communication. First …
Persistent link: https://www.econbiz.de/10011051544
models in which the exogenous state variables follow conditionally linear stochastic processes displaying time-varying risk …. The first-order approximation is consistent with a conditionally linear model in which risk is still time-varying but has … second-order approximation of the solution, instead, is sufficient to get this role. Moreover, risk premia, evaluated using …
Persistent link: https://www.econbiz.de/10011051882
This paper assesses the impact of risk and shocks on non-farm enterprise development in rural Ethiopia using a matched … household–enterprise–community dataset augmented with precipitation based measures of risk. The likelihood of running a non …-farm activities thus provides limited protection against fluctuations in agricultural performance. This may explain why ex-ante risk …
Persistent link: https://www.econbiz.de/10011052117
characterize the decision makers’ risk preferences through a uniquely defined utility function. Motivated by these considerations … processes where the implications of additional probability and utility information or further risk constraints are shown in …
Persistent link: https://www.econbiz.de/10011052623