Results 31 to 40 of about 632,036 (253)
Intertemporal portfolio allocation and hedging demand: an application to South Africa
Journal of Business Economics and Management, 2014 This paper analyses the intertemporal hedging demand for stocks and bonds in South Africa, the United Kingdom and the United States. The analysis is done using an approximate solution method for the optimal consumption and wealth portfolio problem of an ...
Esti Van Wyk De Vries +2 more
doaj +1 more source
Folia Oeconomica Stetinensia, 2020 Research background: An investment appraisal applies a single discount rate across all effects. However, this may be insufficient for heterogenous environmental impacts, mixing private and public goods as well as use and non-use values, where individuals
Foltyn-Zarychta Monika
doaj +1 more source
Intertemporal Consumption With Risk: A Revealed Preference Analysis [PDF]
SSRN Electronic Journal, 2018 Abstract We run an experiment to elicit preferences over state-contingent timed payouts. We analyze the data using a new revealed preference method (building on Nishimura et al., 2017) that can test for consistency with utility functions that increase with a given preorder.
Lanier, Joshua +3 more
openaire +2 more sources
Crop insurance and irrigation behavior: The conditional role of pumping costs
American Journal of Agricultural Economics, EarlyView.Abstract Excessive water use for irrigation can accelerate the depletion of water resources, undermining agriculture's resilience to weather‐related shocks. Understanding how farmers make water use decisions is essential for developing effective water management policies.
Sungmin Cheu, Molly Sears
wiley +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT Firms are increasingly looking into carbon dioxide removal (CDR), a set of options to take past emissions of greenhouse gases out of the atmosphere. Often two basic categories of CDR are distinguished: nature‐based solutions, such as planting trees or restoring wetlands, and technology‐based solutions, such as various forms of carbon capture ...
Sabrina Mili +3 more
wiley +1 more source
Optimal Incentives Schemes under Homo Moralis Preferences
Games, 2021 This study focuses on the optimal incentive schemes in a multi-agent moral hazard model, where each agent has other-regarding preferences and an individual measure of output, with both being observable by the principal.
Roberto Sarkisian
doaj +1 more source
Fiscal Policy with Intertemporally Non-Separable Preferences [PDF]
SSRN Electronic Journal, 2010 In this paper, we show that Ricardian equivalence does not hold in a representative agent framework if one considers goods whose current consumption affect future marginal utilities. We find that, when the intertemporal elasticity of substitution changes over time, the timing of lump sum taxation has an asymmetric effect on current and future ...
Luca Bossi, Pedro Gomis Porqueras
openaire +2 more sources
Asset Redeployability and Biodiversity Risk
Business Strategy and the Environment, EarlyView.ABSTRACT We examine how asset redeployability influences a firm's exposure to biodiversity risk. Our empirical analysis provides robust evidence that firms possessing greater levels of redeployable assets exhibit significantly lower biodiversity risk.
Mostafa Monzur Hasan +2 more
wiley +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT We examine the effect of chief executive officers' (CEOs') career horizons on environmental, social, and governance (ESG) performance and investigate how hard cues influence this performance effect. Our study offers a new perspective of CEO career horizon as a mechanism that enables firms to improve their ESG performance when occupying a ...
Sofia Angelidou +2 more
wiley +1 more source
Assessing patience and predictivity validity for mixed sign intertemporal choices
Judgment and Decision MakingMost research on intertemporal choice has examined choices between smaller, sooner gains and larger, later gains. A much smaller number of papers have examined intertemporal choices for losses.
Wade Sean Mansell, Ye Li, David Hardisty
doaj +1 more source