Results 61 to 70 of about 141,456 (190)
Once upon a time preference: How rationality and risk aversion change the rationale for discounting [PDF]
, 2012 The paper develops an axiomatic framework for rational decision making. The von Neumann-Morgenstern axioms give rise to a richer risk attitude than that captured in the standard discounted expected utility model.
Christian Traeger
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BMJ OpenObjectives We sought to extrapolate the long-term costs and clinical impacts attributed to the rugby fans in training–New Zealand (RUFIT-NZ) trial in Aotearoa, New Zealand.Design A modelled cost-effectiveness analysis using efficacy data from RUFIT-NZ ...
Kate Hunt +12 more
doaj +1 more source
A Benchmark Approach to Finance [PDF]
This paper derives a unified framework for portfolio optimization, derivative pricing, financial modeling and risk measurement. It is based on the natural assumption that investors prefer more or less, in the sense that the higher drift is preferred ...
Eckhard Platen
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On multiple discount rates [PDF]
, 2016 We propose a theory of intertemporal choice that is robust to specific assumptions on the discount rate. One class of models requires that one utility stream be chosen over another if and only if its discounted value is higher for all discount factors in
Chambers, Christopher P. +1 more
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Intertemporal Choice of Fuzzy Soft Sets [PDF]
, 2018 This paper first merges two noteworthy aspects of choice. On the one hand, soft sets and fuzzy soft sets are popular models that have been largely applied to decision making problems, such as real estate valuation, medical diagnosis (glaucoma, prostate ...
Muñoz Torrecillas, María José +1 more
core +3 more sources
The Long-Term Effectiveness of Methadone Maintenance Treatment in Prevention of Hepatitis C Virus Among Illicit Drug Users : A Modeling Study [PDF]
, 2014 Article Accepted Date: Oct 7, 2013 Acknowledgments: We would like to thank all MMT centers' staff in Shiraz for their cooperation in this study. Funding Support: This study was funded and supported by the Tehran University of Medical Sciences.Peer ...
Javanbakht, Mehdi +2 more
core +1 more source
How Sensitive Are Retirement Decisions to Financial Incentives: A Stated Preference Analysis [PDF]
We study effects of financial incentives on the retirement age using stated preference data. Dutch survey respondents were given hypothetical retirement scenarios describing age(s) of (partial and full) retirement and replacement rate(s).
van Soest, Arthur, Voňková, Hana
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Simultaneous estimation of risk and time preferences among small-scale cattle farmers in West Africa [PDF]
, 2012 This study investigates risk and time preferences of small-holder cattle farmers in West Africa. We apply a discounted utility model and jointly estimate a prospect theory-based utility function and a quasi-hyperbolic discounting function using a maximum
Liebenehm, Sabine, Waibel, Hermann
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Cost Effectiveness and Resource Allocation, 2017 Background Ofatumumab (Arzerra®, Novartis) is a treatment for chronic lymphocytic leukemia refractory to fludarabine and alemtuzumab [double refractory (DR-CLL)].
Anthony J. Hatswell +4 more
doaj +1 more source
Macroeconomic resilience in a DSGE model [PDF]
We use the dynamic stochastic general equilibrium (DSGE) model of Altig et al. (2005) to analyse the resilience of an economy in the face of external shocks. The term resilience refers to the ability of an economy to prosper in the face of shocks.
Adam Elbourne +3 more
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