Results 61 to 70 of about 154,449 (307)
On utility-based super-replication prices of contingent claims with unbounded payoffs
, 2006 Consider a financial market in which an agent trades with utility-induced restrictions on wealth. For a utility function which satisfies the condition of reasonable asymptotic elasticity at $-\infty$ we prove that the utility-based super-replication ...
Elliott +7 more
core +1 more source
Portfolio time consistency and utility weighted discount rates
Mathematics and Financial EconomicsMerton portfolio management problem is studied in this paper within a stochastic volatility, non constant time discount rate, and power utility framework. This problem is time inconsistent and the way out of this predicament is to consider the subgame perfect strategies.
Oumar Mbodji, Traian A. Pirvu
openaire +2 more sources
Changes in Alcohol Retail Laws and Foot Traffic at Liquor Stores
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT We study how expanding alcohol availability at grocery and convenience stores affects consumer traffic in liquor stores by leveraging recent changes in state‐level alcohol distribution laws in a difference‐in‐difference quasi‐experimental design.
Nathan Palardy +3 more
wiley +1 more source
A model of reward- and effort-based optimal decision making and motor control. [PDF]
PLoS Computational Biology, 2012 Costs (e.g. energetic expenditure) and benefits (e.g. food) are central determinants of behavior. In ecology and economics, they are combined to form a utility function which is maximized to guide choices. This principle is widely used in neuroscience as
Lionel Rigoux, Emmanuel Guigon
doaj +1 more source
Advanced Energy and Sustainability Research, EarlyView.The article attracts researchers, policymakers, and industry leaders in renewable energy, hydrogen, and sustainable development, as it addresses the critical need for clean, efficient energy solutions. By evaluating the technical, environmental, and economic feasibility of integrating wind energy with hydrogen production. The findings offer significant
Mohamed Elnaggar +4 more
wiley +1 more source
Are all meats substitutes? A basket‐and‐expenditure‐based approach
Agribusiness, EarlyView.Abstract This study examines the relationship among animal‐based meat and plant‐based meat alternatives (PBMAs) using a basket‐and‐expenditure‐based choice experiment. In particular, we examine whether animal‐based meat products are substitutes or complements with PBMAs.
Clinton L. Neill, Logan L. Britton
wiley +1 more source
SOME PROPERTIES OF THE VARIATIONAL PROBLEMS OF OPTIMAL CONTROL OF CONSUMPTION
Статистика и экономика, 2016 ARTICLE RETRACTEDIn this paper we study the General patterns of models based on variational methods in various problems of optimal control of consumption: decisionmaking in the management of the household, as well as models of the economic dynamics of ...
Alla Yu. Meyerson +1 more
doaj +1 more source
Agribusiness, EarlyView.Abstract This study examines producer participation choices considering a variety of potential benefits linked to state‐sponsored marketing programs, using a real choice dataset of farmers in Missouri. Multinomial logit models are employed to predict determinants of farmer enrollment in three tiers of the Missouri Grown local food marketing program ...
Lan Tran, Ye Su, Laura McCann
wiley +1 more source
Discount factors ex post and ex ante, and discounted utility anomalies [PDF]
The real options approach is used to explain discounted utility anomalies as artifacts of the optimizing behavior of an individual with standard preferences, who perceives the utility from consumption in the future as uncertain.
Sergei Levendorskii +1 more
core
Agribusiness, EarlyView.Abstract This study explores the rent price ratio in agricultural land markets, crucial for evaluating market efficiency, policy needs, and farmer decision‐making. Traditionally, the analyses faced challenges due to the absence of concurrent sale and rent data for the same land, potentially leading to biased results.
Marius Michels +4 more
wiley +1 more source