's experience, a comprehensive definition of risk.Risk is not measurable uncertainty nor volatility. Risk is a three part concept …: (1) risk is the potential that events may have an unexpected and noteworthy impact on results, i.e. a consequence of … exposure while of pursuing objectives in an uncertain environment; (2) risk is ontological uncertainty, the unknown unknown …

purchase a product is due to the informative nature of ads and to consumers' risk-aversion. We show that the findings of … consumers are risk-neutral. When this assumption is relaxed, we find that exposure to advertising does not have any direct … on the purchase probability: (a) the risk reduction effect, and (b) a direct effect on the utility. We demonstrate …

cases. They also penalized corporations for undertaking corporate risk analyses that seek to trade off cost versus risk …. Judges were less prone to erroneous risk beliefs and less subject to the zero risk mentality …

contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the …

heightened risk aversion, leading to shifts in investment portfolio allocations and cross-border capital flows; a nd t he r eal e …

asymmetric behavior toward the upside potential of gain versus the downside risk of loss. Using an asymmetric split normal …-default-model-implied) spread to two illiquidity risk factors. The first factor is extracted from several measures of idiosyncratic illiquidity …

utilisation (CU) as the second series has been proven to produce more reliable estimates of the Total Factor Productivity (TFP …

Do transgenic crops cause agrobiodiversity erosion? We hypothesize that they increase productivity and reduce … production risk and may therefore reduce farmer demand for on-farm varietal diversity, especially when only a few transgenic …

Do transgenic crops cause agrobiodiversity erosion? We hypothesize that they increase productivity and reduce … production risk and may therefore reduce farmer demand for on-farm varietal diversity, especially when only a few transgenic …