Results 101 to 110 of about 6,023,559 (283)

ROBUSTNESS OF NON-PARAMETRIC MEASUREMENT OF EFFICIENCY AND RISK AVERSION [PDF]

This paper examines the performance of a risk-adjusted non-parametric approach to measuring efficiency and risk aversion. Prior work is extended to the case where agent behavior is motivated by expected utility maximization. Results indicate the approach
Settlage, Daniel M., Preckel, Paul V.
core  

Managing Procurement Auction Failure: Bid Requirements or Reserve Prices?

The RAND Journal of Economics, EarlyView.
ABSTRACT This paper examines bid requirements, where the government may cancel a procurement contract unless two or more bids are received. Using a first‐price auction model with endogenous entry, we compare the bid requirement and reserve price mechanisms in terms of auction failure and procurement costs.
Jun Ma, Vadim Marmer, Pai Xu
wiley   +1 more source

Comparative Ross Risk Aversion in the Presence of Mean Dependent Risks [PDF]

This paper studies comparative risk aversion between risk averse agents in the presence of a background risk. Although the literature covers this question extensively, our contribution differs from most of the literature in two respects.
Jingyuan Li, Georges Dionne
core  

Short‐Term Profits for Long‐Term Value: Corporate ESG Dilemmas Under Earnings Pressure and Pathways to Governance

Accounting &Finance, EarlyView.
ABSTRACT This study examines the negative effect of earnings pressure (EP) on corporate environmental, social, and governance (ESG) performance and explores governance mechanisms that can address this problem. Drawing on behavioural agency theory and incorporating insights from resource allocation theory and agency theory, this paper identifies the key
Sha Tang, Abdullahi D. Ahmed, Chante Jian Ding   +2 more
wiley   +1 more source

Firm Financial Performance: Disentangling the Corporate Gender Diversity as Driver of ESG Disclosure in EU Companies

Accounting &Finance, EarlyView.
ABSTRACT This study investigates the relationship between gender diversity in senior corporate positions and environmental, social and governance (ESG) initiatives, alongside their impact on corporate financial performance across European Union companies.
Paolo Saona, Laura Muro
wiley   +1 more source

Stochastic optimal control problem of consumption and pension insurance with uncertain lifetime and its application to real-life data

Frontiers in Applied Mathematics and Statistics
We consider a continuous-time model of optimal consumption and pension insurance for a consumer with an uncertain lifetime. In the model, the consumer earns a stochastic wage income during her working life and optimally allocates her income between ...
Gereltuya Terbish, Batsukh Tserendorj, Nyamsuren Dorj, Tserenbat Oirov   +3 more
doaj   +1 more source

Stochastic Utility-Efficient Programming of Organic Dairy Farms [PDF]

Opportunities to make sequential decisions and adjust activities as a season progresses and more information becomes available characterize the farm management process.
Lien, Gudbrand D., Flaten, Ola
core  

A framework to determine naloxone saturation with simulation modeling and cost‐effectiveness methods

Addiction, EarlyView.
Abstract Background and aims Jurisdictions lack practical tools to determine data‐informed naloxone saturation targets that account for local overdose dynamics and resource constraints. We aimed to introduce a generalizable framework that integrates simulation modeling with cost‐effectiveness principles to identify local naloxone saturation targets ...
Zongbo Li, Leah C. Shaw, Carolyn J. Park, Alexander Y. Walley, Czarina N. Behrends, Bruce R. Schackman, Brandon D. L. Marshall, Xiao Zang   +7 more
wiley   +1 more source

The Effects of External Macroeconomic Shocks and Uncertainty on Bangladesh's Fiscal Sustainability

Asian-Pacific Economic Literature, EarlyView.
ABSTRACT In recent years, Bangladesh has adopted a deficit‐biased fiscal policy, supported by robust GDP growth and relatively low interest rates, capitalizing on its access to concessional financing. However, Bangladesh's graduation to lower‐middle‐income status and its gradual integration into the global economy have exposed the country to external ...
Mohammad Mahabub Alam
wiley   +1 more source

SHADOW PRICE IMPLICATIONS OF SEVERAL STOCHASTIC DOMINANCE CRITERIA [PDF]

Stochastic dominance criteria can be, but seldom are explicitly, applied to problems having continuous variables. A previously developed model is modified to facilitate exploration of sets of shadow price vectors for decreasing (non-increasing) absolute ...
McCamley, Francis P., Rudel, Richard K.
core