Results 51 to 60 of about 35,505 (263)
Unfair and Risky? Profit Allocation in Closed-Loop Supply Chains by Cooperative Game Approaches
Applied Sciences, 2022 Behavioral factors (i.e., risk aversion and fairness concern) are considered for profit allocation in a closed-loop supply chain. This paper studies a two-echelon closed-loop supply chain (CLSC) consisting of a risk-neutral manufacturer, a risk-averse ...
Ting Zeng, Tianjian Yang
doaj +1 more source
Repetitive risk aversion [PDF]
Economic Theory, 2006 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Why Didn't I Get a Payout? Understanding Farmer Choices, Index Insurance, and Basis Risk
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Index insurance, while heralded as a potential solution to alleviate poverty and food insecurity among agricultural households, has its own set of challenges, notably basis risk. Basis risk is the discrepancy between the insurance payout and losses incurred, posing a significant deterrent to the adoption of index insurance.
S. Lucille Blakeley +4 more
wiley +1 more source
Context-Dependent Risk Aversion: A Model-Based Approach
Frontiers in Psychology, 2018 Most research on risk aversion in behavioral science with human subjects has focused on a component of risk aversion that does not adapt itself to context.
Darío Cuevas Rivera +4 more
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Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Increased frequency of extreme weather events, particularly droughts, threatens grassland farming by destabilizing yields and farms' economic viability. We examine, theoretically and through numerical simulations, how sown plant diversity (natural insurance) influences the attractiveness of indemnity and drought index insurance (formal ...
Nicolas Alou +3 more
wiley +1 more source
On the Economics of US Agricultural Policy
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT This paper presents an economic analysis of US agricultural policy, building on a modified version of Gardner's efficient redistribution. We argue that agricultural policy is motivated as an attempt to implement an efficient redistribution scheme that redistributes income toward farmers who, as a group, have been adversely affected by ...
Jean‐Paul Chavas
wiley +1 more source
Risk Aversion, Wealth, and Background Risk [PDF]
Journal of the European Economic Association, 2001 We use household survey data to construct a direct measure of absolute risk aversion based on the maximum price a consumer is willing to pay to enter a lottery. We relate this measure to consumers' endowment and attributes and to measures of background risk.
Paiella, Monica Pia Cecilia +1 more
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How Video‐Based Information Affects Farmers' Willingness to Pay for Drone Services
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Professional service for digital technology like agricultural drones lowers transaction costs and scope thresholds for smallholders. Meanwhile, perceptual adoption barriers remain underexplored. We conduct a two‐stage choice experiment with a randomized video‐based information treatment among 384 Chinese crop farmers to measure its effect on ...
Hua Zhang +4 more
wiley +1 more source
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Growing demand for healthier beverages is driving innovation in the wine sector, with dealcoholized wine emerging as a promising alternative. However, little is known about the contextual conditions under which consumers would choose dealcoholized wine, particularly in countries with strong wine traditions. To fill this gap, this work examines
Giovanna Piracci +4 more
wiley +1 more source
SSRN Electronic JournalWe provide a unifying way to analyze how risk aversion changes bidding in auctions by asking which bids become more attractive as bidders become more risk averse. In first-price auctions, under two payoff conditions-winning is never worse than the outside option, and winning with a low bid is preferable to winning only with a high bid-greater risk ...
Pease, Marilyn, Whitmeyer, Mark
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