Results 111 to 120 of about 6,023,559 (283)
When and why to give shorebirds a head start
Conservation Biology, EarlyView.Abstract Headstarting is a translocation technique involving the hatching or rearing of wild eggs or young in captivity and the release of those individuals back to the wild at or before independence. It has been trialed as a conservation intervention for shorebirds over recent decades to improve the population trend of target populations by increasing
Lynda Donaldson +4 more
wiley +1 more source
Risk Aversion, Wealth and Background Risk [PDF]
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 buy a risky security.
Luigi Guiso, Monica Paiella
core
Cognitive and institutional barriers to effective natural resource management under global change
Conservation Biology, EarlyView.Abstract Many of the most challenging decisions facing natural resource managers today can be understood as time dependent. The concept of time‐dependent decisions is useful when considering natural resource management decisions that are characterized by nonstationarity in the underlying ecological system, uncertainty surrounding key ecological ...
Madeleine A. Rubenstein +5 more
wiley +1 more source
AxiomsThis paper studies the optimal asset allocation problem of a defined contribution (DC) pension plan with a stochastic salary and value under a constraint within a stochastic volatility model.
Zilan Liu +3 more
doaj +1 more source
OPTIMAL RISK MANAGEMENT, RISK AVERSION, AND PRODUCTION FUNCTION PROPERTIES [PDF]
For production risk with identified physical causes, the nature of risk, production characteristics, risk preference, and prices determine optimal input use.
Nelson, Carl H., Loehman, Edna T.
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A U‐Shaped Flow–Performance Sensitivity Across the Globe
European Financial Management, EarlyView.ABSTRACT Using a worldwide sample of equity mutual funds, we document a new stylized fact: the flow‐performance sensitivity (FPS) is greater for both bottom and top performance, compared to the middle. This “U‐shaped” FPS is especially strong in down markets, for small/mid‐cap funds, and in the latest decade. These results hold over quarterly or yearly
Markus Broman, Kelley Bergsma Lovelace
wiley +1 more source
Risk aversion and Relationships in model-free [PDF]
This paper belongs to the study of decision making under risk. We will be interested in modeling the behavior of decision makers (hereafter referred to as DM) when they are facing risky choices.
Moez Abouda, Elyess Farhoud
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European Financial Management, EarlyView.ABSTRACT Zero‐leverage firms remain a puzzle in corporate finance. We propose a supply‐side mechanism linking environmental impact to debt access. Because creditors favour firms with high negative externalities and strong cash flows, environmentally friendly firms with high initial costs face tighter credit constraints.
Paolo Saona +3 more
wiley +1 more source
Target-driven investing: Optimal investment strategies in defined contribution pension plans under loss aversion [PDF]
Assuming loss aversion, stochastic investment and labour income processes, and a path-dependent target fund, we show that the optimal investment strategy for defined contribution pension plan members is a target-driven 'threshold' strategy.
Zhang, Yumeng +2 more
core
Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk
Financial Management, EarlyView.ABSTRACT We set up a life cycle model with real interest rate risk to demonstrate that real interest rates have implications for optimal household consumption and investments. Lower interest rates lead to higher optimal stock investments and lower consumption.
Marcel Fischer, Natascha Jankowski
wiley +1 more source