Results 61 to 70 of about 201,941 (284)
A Simplified Network Model for Travel Time Reliability Analysis in a Road Network
Journal of Advanced Transportation, 2017 This paper proposes a simplified network model which analyzes travel time reliability in a road network. A risk-averse driver is assumed in the simplified model.
Kenetsu Uchida, Teppei Kato
doaj +1 more source
Heterogeneous Risk Preferences and the Welfare Cost of Business Cycles [PDF]
I study the welfare cost of business cycles in a complete-markets economy where some people are more risk averse than others. Relatively more risk-averse people buy insurance against aggregate risk, and relatively less risk-averse people sell insurance ...
Sam Schulhofer-Wohl
core
The ignored performance measure [PDF]
, 2003 This paper studies a setting in which a risk averse agent must be motivated to work on two tasks: he (1) evaluates a new project and, if adopted, (2) manages it.
Laux, Volker
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Australian Journal of Social Issues, EarlyView.ABSTRACT It is the priority of Aboriginal and Torres Strait Islander communities, and Australian governments, to provide infants with enriching environments in which they may thrive. This is particularly critical during the perinatal period. Yet, an increasing number of notifications and interventions by child protection authorities are occurring in ...
Neve Mucabel‐Bue +11 more
wiley +1 more source
Experiments on Risk Attitude: The Case of Chinese Students [PDF]
This paper examines Chinese students' risk attitude using buying and selling experiments with lotteries. We found that subjects were more risk averse in the buying experiment than in the selling experiment, suggesting the endowment effect. In the selling
Fumio OhtakeAuthor-Name: +4 more
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Anatomical Sciences Education, EarlyView.Abstract The development of anatomy has been marked by ethically questionable practices. This has been because the dissection of human bodies has always existed on the periphery of conventional society, necessitating a range of dubious ways of obtaining dead bodies for educational and research purposes.
David Gareth Jones
wiley +1 more source
The Impact of Market Mood on a Dynamic Model of Insider Trading
GamesAccording to the research, the proportions of various types of investors may or may not change in response to different trading strategies or complex trading environments. This paper investigates a single-period trading model for multiple risk-averse and
Ruohan Wang, Jing Wang, Zhi Yang
doaj +1 more source
Mechanisms for Risk Averse Agents, Without Loss [PDF]
, 2012 Auctions in which agents' payoffs are random variables have received increased attention in recent years. In particular, recent work in algorithmic mechanism design has produced mechanisms employing internal randomization, partly in response to ...
Dughmi, Shaddin, Peres, Yuval
core +1 more source
Risk‐aware safe reinforcement learning for control of stochastic linear systems
Asian Journal of Control, EarlyView.Abstract This paper presents a risk‐aware safe reinforcement learning (RL) control design for stochastic discrete‐time linear systems. Rather than using a safety certifier to myopically intervene with the RL controller, a risk‐informed safe controller is also learned besides the RL controller, and the RL and safe controllers are combined together ...
Babak Esmaeili +2 more
wiley +1 more source
Risk Aversion over Incomes and Risk Aversion over Commodities. [PDF]
, 2003 This note determines the precise connection between an agent`s attitude towards income risks and his attitude over risks in the underlying consumption space. Our results follow a general mathematical theory connecting the curvature properties of an objective function with the ray-curvature properties of its dual.
John Quah, Juan E. Martinez-Legaz
openaire +1 more source