Results 71 to 80 of about 6,023,559 (283)
RISK AVERSION BEHAVIOR. RELATIONSHIPS BETWEEN RISK AVERSION, PRUDENCE AND CAUTIOUSNESS [PDF]
This paper defines decreasing absolute risk aversion in purely behavioral termswithout any assumption of differentiability and shows that a strictly increasing and riskaverse utility function with decreasing absolute risk aversion is necessarily ...
Botoc Claudiu, Pirtea Marilen
core
A Review of Probabilistic and Novel Approaches to Cost Assessment in CCUS Projects
Greenhouse Gases: Science and Technology, EarlyView.ABSTRACT Although the renewable energy sector is making progress, there is still a long way to go before green energy can be fully utilized. In this context, Carbon Capture Utilization and Storage (CCUS) technologies can act as a temporary bridge between a high‐emission past and a low‐emission future.
Majid Mohajeri, Saman Azadbakht
wiley +1 more source
Frontiers in Applied Mathematics and StatisticsBackgroundHybrid defined contribution (DC) pension funds, combining fixed contributions with stochastic liability dynamics, face competitive pressures when members reallocate contributions to higher-performing funds.MethodsWe model two competing hybrid ...
Oteng Keganneng +2 more
doaj +1 more source
Stochastic efficiency analysis with risk aversion bounds: a simplified approach [PDF]
A method of stochastic dominance analysis with respect to a function (SDRF) is described and illustrated. The method, called stochastic efficiency with respect to a function (SERF), orders a set of risky alternatives in terms of certainty equivalents for
Lien, Gudbrand D. +3 more
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Motive and Opportunity: Order Choice in a Limit Order Book With Dispersed Information
International Journal of Finance &Economics, EarlyView.ABSTRACT We test predictions of market microstructure theory relating to the determinants of order choice in a limit order book where information is dispersed among traders. Using an experimental limit order book, with a large state space, we find that informed traders exhibit patience, compatible with the ‘waiting game’ behaviour described in Foster ...
James Steeley +2 more
wiley +1 more source
Results in Applied MathematicsIn the traditional heterogeneous agent model, investors are assumed to be risk averse, and the wealth expected utility function maximization principle is used to form the optimal asset quantity demand.
Zhi Yang, Jing Wang
doaj +1 more source
Optimal Feedback Control Rules Sensitive to Controlled Endogenous Risk-Aversion [PDF]
The objective of this paper is to correct and improve the results obtained by Van der Ploeg (1984a, 1984b) and utilized in the literature related to feedback stochastic optimal control sensitive to constant exogenous risk-aversion (Karp 1987; Whittle ...
Dan Protopopescu
core
The Impact of Economic Growth on Insurance (Growth)
International Journal of Finance &Economics, EarlyView.ABSTRACT This paper investigates the impact of economic growth on insurance (growth), focusing on the outflow side of the insurance activity, as captured by benefits (including commissions and expenses). The findings provide evidence that economic growth does exert a positive, statistically significant impact on the benefit side of insurance (growth ...
Nicholas Apergis +2 more
wiley +1 more source
The Value of Information in Economic Contexts
Physical Sciences ForumThis paper explores the application of the Value of Information, (VoI), based on the Claude Shannon/Ruslan Stratonovich framework within economic contexts.
Stefan Behringer, Roman V. Belavkin
doaj +1 more source
Risk premiums and certainty equivalents of loss-averse newsvendors of bounded utility
Journal of Industrial Engineering International, 2019 Loss-averse behavior makes the newsvendors avoid the losses more than seeking the probable gains as the losses have more psychological impact on the newsvendor than the gains. In economics and decision theory, the classical newsvendor models treat losses
Doraid Dalalah
doaj +1 more source