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This paper investigates the relative empirical performance of 3 stories of error' in decision-making experiments - finding that the constant-error-probability story does not fit particularly well, but that the white-noise and stochastic preference stories perform considerably better. The paper...
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choice under risk. Various combinations of these approaches are used with expected utility and rank-dependent theory to …
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geometric Brownian motion, the optimal irreversible investment policy of a risk-neutral regulated firm is analyzed. A simple …
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The aim of this paper is to identify the factors that determine the survival of new firms in Greek manufacturing in the 1982-1992 period.
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