. Prospect theory: an analysis of decisions under risk. Econometrica 47 263--291.]) and multiattribute utility theory (Keeney and … most common form of behavior observed was multiattribute risk aversion for prospects involving only gains and … multiattribute risk seeking for prospects involving only losses. This result reinforces the importance of a target, reference point …

finding is that the return on R&D for the average new drug is approximately equal to the 9 percent industry cost of capital …

desire for more risk protection and a belief that payments from ACRE would exceed the value of the direct payments they had … production for their gross income, and were more likely to use other risk management tools such as crop insurance and pre …-harvest pricing.  In general, farmers who enrolled in ACRE were more concerned about controlling financial risk in their farming …

measuring efficiency we employed market data, measuring returns and risk (calculated in different ways) in order to build a new …

A panel regression gives evidence that more flexibility in Asian exchange rates reduces risk associated with bank … borrowing abroad, but deviations from mean exchange rates, and from the renminbi, increase risk. Since the exchange rate regime …

This paper estimates the effects of short and long haul volatility (or risk) in monthly Japanese tourist arrivals to … former has an asymmetric effect on risk from positive and negative shocks of equal magnitude, while the latter has no … the issues related to risk and leverage effects, are also applicable to international tourism flows. …

-ignorance when the DM is risk- and uncertainty-averse. For the case of logarithmic utility, we work out the explicit solutions of the … view of numerical method, the effects of the risk and the uncertainty on the above three parameters are analyzed. All the …

licensee and franchisee are different. It is proposed to include in the model of royalty calculation the risk reduction …