Results 31 to 40 of about 3,406 (137)
Sidewalk‐based bicycle path network design incorporating equity in cycling time
Computer-Aided Civil and Infrastructure Engineering, Volume 39, Issue 20, Page 3063-3082, 15 October 2024.Abstract Many cities find it difficult to claim enough land to build dedicated bicycle lanes. In response, this study proposes a novel framework to design a bicycle path network based on the existing sidewalks where selected sidewalk links are converted into eligible bicycle paths.
Yutong Cai, Ghim Ping Ong, Qiang Meng
wiley +1 more source
ASSET DIVERSIFICATION VERSUS CLIMATE ACTION
International Economic Review, Volume 65, Issue 3, Page 1323-1355, August 2024.Abstract Asset pricing and climate policy are analyzed in a global economy where consumption goods are produced by both a green and a carbon‐intensive sector. Given that the economy is initially heavily dependent on carbon‐intensive capital, the desire to diversify assets complements the attempt to mitigate economic damages from climate change.
Christoph Hambel +2 more
wiley +1 more source
Does Risk Seeking Drive Asset Prices? A stochastic dominance analysis of aggregate investor preferences [PDF]
We investigate whether risk seeking or non-concave utility functions can help to explainthe cross-sectional pattern of stock returns. For this purpose, we analyze the stochasticdominance efficiency classification of the value-weighted market portfolio ...
Levy, H., Post, G.T.
core +1 more source
Diversification Preferences in the Theory of Choice
, 2015 Diversification represents the idea of choosing variety over uniformity. Within the theory of choice, desirability of diversification is axiomatized as preference for a convex combination of choices that are equivalently ranked.
De Giorgi, Enrico G., Mahmoud, Ola
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Neurobiological studies of risk assessment: A comparison of expected utility and mean-variance approaches [PDF]
, 2008 When modeling valuation under uncertainty, economists generally prefer expected utility because it has an axiomatic foundation, meaning that the resulting choices will satisfy a number of rationality requirements.
Bossaerts, Peter, d'Acremont, M.
core +2 more sources
Journal of Agricultural Economics, Volume 75, Issue 2, Page 716-739, June 2024.Abstract This paper analyses the potential impacts of a hypothetical implementation of the Income Stabilisation Tool (IST) in France for the field crops sector. The IST is a risk management tool available within the 2014–2020 Common Agricultural Policy (CAP) to support farmers facing a severe drop in their incomes.
Kamel Louhichi, Daël Merisier
wiley +1 more source
Conditional Value-at-Risk Constraint and Loss Aversion Utility Functions [PDF]
, 2008 We provide an economic interpretation of the practice consisting in incorporating risk measures as constraints in a classic expected return maximization problem.
Andrieu, Laetitia +2 more
core +5 more sources
Biological Reviews, Volume 99, Issue 1, Page 23-55, February 2024.ABSTRACT Half a century after its foundation, the neutral theory of molecular evolution continues to attract controversy. The debate has been hampered by the coexistence of different interpretations of the core proposition of the neutral theory, the ‘neutral mutation–random drift’ hypothesis.
Menno J. de Jong +3 more
wiley +1 more source
Roots and Effects of Investments' Misperception [PDF]
This work deals with the problem of investors' irrational behavior and financial products' misperception. The theoretical analysis of the mechanisms driving wrong evaluations of investment performances is explored.
Rosella Castellano, Roy Cerqueti
core +1 more source
Taxation, Risk, and Portfolio Choice: The Treatment of Returns to Risk Under a Normative Income Tax [PDF]
, 2013 Many articles in the legal and economic literature claim that a pure Haig-Simons income tax cannot effectively tax investment income. This is because an investor can use leverage to gross up her investments in risky assets such that the increased gain ...
Brooks, John R.
core +1 more source