Results 111 to 120 of about 240 (203)

Evidence Gathering Under Competitive and Noncompetitive Rewards

Journal of Economics &Management Strategy, EarlyView.
ABSTRACT Reward schemes may affect not only agents' effort but also their incentives to gather information in order to reduce the riskiness of the productive activity. In a laboratory experiment using a novel task, we find that the relationship between incentives and evidence gathering depends critically on the availability of information about peers ...
Philip Brookins, Jennifer Brown, Dmitry Ryvkin   +2 more
wiley   +1 more source

Precautionary Saving against Correlation under Risk and Ambiguitya

Journal of Money, Credit and Banking, EarlyView.
Abstract This paper considers precautionary saving against the correlation between two risky attributes (wealth and health) and investigates how the correlation affects optimal savings under multivariate preferences. The signs of higher‐order cross‐derivatives play a key role in determining the direction of precautionary saving against such correlation.
TAKAO ASANO, YUSUKE OSAKI
wiley   +1 more source

Banking with Inside Money: An Efficiency Analysis

Journal of Money, Credit and Banking, EarlyView.
Abstract We show that banks do not decentralize the first best in a nominal Diamond–Dybvig economy with inside money. Furthermore, state‐contingent deposit contracts do not expand the consumption possibility set to include the first best either. Central banks can improve welfare but only for savers and only with unconventional monetary policy. Finally,
DAVID RIVERO, HUGO RODRÍGUEZ MENDIZÁBAL   +1 more
wiley   +1 more source

Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice

The Journal of Finance, EarlyView.
ABSTRACT We study aversion to model ambiguity and misspecification in dynamic portfolio choice. Risk‐averse investors (relative risk aversion γ>1$\gamma > 1$) fear return persistence, while risk‐tolerant investors (0<γ<1$0<\gamma <1$) fear mean reversion, when confronting model misspecification concerns of identically and independently distributed (IID)
PASCAL J. MAENHOUT, HAO XING, ANNE G. BALTER   +2 more
wiley   +1 more source

Routine Dynamics at a Cardiac First‐Aid Unit: How Context, Emotions, and Identities Drive the Adaptation of Action Patterns

Journal of Management Studies, EarlyView.
Abstract Emotions are a catalyst for actions. They are therefore important for developing an understanding of organizational routines as generative patterns of interdependent actions. To investigate how the performances and action patterns of routines are impacted by emotion changes brought about by alterations in the context of routine enactment, we ...
Emre Karali, Jatinder S. Sidhu, Gerardo Patriotta, Henk W. Volberda   +3 more
wiley   +1 more source

Historical Perspectives on Deglobalization's Drivers, Outcomes, and Managerial Responses

Journal of Management Studies, EarlyView.
Abstract The deglobalization process experienced in the early 2020s is not without precedent. This Special Issue leverages business history as a lens to generate new insights and to uncover previously hidden complexities and nuances. Studying previous periods of deglobalization and their varying drivers, outcomes, and responses, the papers in this ...
Andrew Smith, Heidi Tworek, Marcelo Bucheli, Johann Fortwengel   +3 more
wiley   +1 more source

Impact of prefabricated aids and auxiliary devices for scan bodies on the accuracy of intraoral scanning for full‐arch implant impressions: A systematic review

Journal of Prosthodontics, EarlyView.
Abstract Purpose To evaluate, in human clinical studies, the effect of prefabricated aids/auxiliary devices for implant scan bodies (ISBs) on the accuracy (trueness and precision) of full‐arch intraoral scanning (IOS). Methods A PRISMA‐guided search (PubMed, Embase, and Scopus; registered in PROSPERO (CRD420251027002)) identified comparative clinical ...
Aspasia Pachiou, Florence C. Auderset, Ronald E. Jung, Nicola U. Zitzmann, Tim Joda   +4 more
wiley   +1 more source

Daoist Humility: How Ancient Chinese Wisdom and Modern Psychology are Telling Us to Be Natural by Going Against the Flow

Journal of Religious Ethics, EarlyView.
ABSTRACT The concept of humility has a long history of paradoxicality. From denoting a lowly social status—to becoming one of the highest Christian virtues—to falling under the critique of the liberators of the Enlightenment—to experiencing an upsurge of philosophical and psychological interest in recent years, the value of acknowledging one's least ...
Benjamin Birkenstock
wiley   +1 more source

Welfare consequences of the compound risks of index insurance

Journal of Risk and Insurance, EarlyView.
Abstract Index insurance is an attractive variant on the standard insurance contract that allows the determination of a loss event to be defined by one or more thresholds on an index that is positively correlated with actual losses. Index insurance also comes with a compound risk, basis risk.
Glenn Harrison, Jimmy Martí­nez‐Correa, Karlijn Morsink, Jia Min Ng, J. Todd Swarthout   +4 more
wiley   +1 more source

Driven by risk: Understanding reference‐dependent preferences using simulated auto racing

Journal of Risk and Insurance, EarlyView.
Abstract Using data from over 56,000 simulated auto races worldwide, we analyze risk‐taking at the margins, consistent with reference‐dependent preferences. We show that participants' risk‐taking changes when a desired intermittent outcome is presented, sometimes at the expense of a more favorable expected end state.
James Hilliard, Annette Hofmann, David Weber   +2 more
wiley   +1 more source