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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu; Vieider, Ferdinand; Villeval, … - HAL - 2009
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008791266
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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu; Vieider, Ferdinand; Villeval, Marie … - HAL - 2010
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008791715
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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefebvre, Mathieu; Vieider, Ferdinand; Villeval, … - Groupe d'Analyse et de Théorie Économique Lyon … - 2009
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008471892
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La modélisation macroéconomique comme processus de communication : pour une formalisation finaliste des équations de comportement
Buda, Rodolphe - Volkswirtschaftliche Fakultät, … - 1994
The assumption we submit, because macroeconomic forcasts would be unperfect, is that behavioral equations doesn't enough describe economic behaviours through the capacity of reaction opposite to environment. Further, the forcaster belongs to his search-system, so that, may be, we must now...
Persistent link: https://www.econbiz.de/10005836791
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An Investment Criterion Incorporating Real Options
SUTO, Hirofumi; ALLEMAN, James; RAPPOPORT, Paul - In: Communications & Strategies 1 (2008) 70, pp. 45-66
complicates the investment decision process. This paper provides an investment decisionmaking criterion under uncertainty using …-and-watch), or foregone. A decision-making index d is developed, which is equal to the expectation of net present value (NPV … of D*, one can make sophisticated decisions considering opportunity losses. This new decision index, d, provides a …
Persistent link: https://www.econbiz.de/10008511715
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On the Sound Financial Valuation of Flexibility in Information Systems
Dorsch, Christoph - In: Business & Information Systems Engineering 57 (2015) 2, pp. 115-127
Flexibility often represents the key area of value added by investing into an information system (IS) but also carries significant costs. Therefore, its quantitative financial valuation is of vital importance to make economically informed decisions about flexibility. This is challenging due to...
Persistent link: https://www.econbiz.de/10011241561
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Administration in Organizations
Thoenig, Jean-Claude - Université Paris-Dauphine (Paris IX) - 2015
Administration in organizations emerged as a specific field of inquiry for social sciences in the middle of the twentieth century. Herbert Simon has defined a program that allows social sciences to move from principles to concepts about action and action taking. Four main perspectives of...
Persistent link: https://www.econbiz.de/10011205321
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The Management of Uncertainty in Tourism: Strategic Paradoxes and Communication
Bouzon, Arlette; Devillard, Joëlle - Volkswirtschaftliche Fakultät, … - 2011
later use just as the way the design project is pursued. The second section focuses on decision-making and how the various …
Persistent link: https://www.econbiz.de/10008871158
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Information Strategies and the Theory of the Firm
Casson, Mark; Wadeson, Nigel - In: International Journal of the Economics of Business 3 (1996) 3, pp. 307-330
Information costs play a key role in determining the relative efficiency of alternative organisational structures. The choice of locations at which information is stored in a firm is an important determinant of its information costs. A specific example of information use is modelled in order to...
Persistent link: https://www.econbiz.de/10009213511
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Estimating the Probability of Trade Union Membership in India - Impact of Communist Parties, Personal Attributes and Industrial Characteristics
Pal, Rupayan - East Asian Bureau of Economic Research (EABER) - 2008
of workers, and industrial characteristics on the individual decision to unionise for Indian non-agricultural regular … and unemployment rate also influence the individual decision to be unionist. The paper concludes also that workers gender …
Persistent link: https://www.econbiz.de/10009365090