Showing 1 - 10 of 53
Floods provide a useful example of risky events that span a range from small to catastrophic. In such circumstances the economically preferred measure of the benefits is based on an ex-ante measure that takes into account a person’s willingness to pay to avoid variability in their income or...
Persistent link: https://www.econbiz.de/10010927824
Because each Federal agency uses a different valuation method to estimate the costs of illness, it is difficult to compare programs across agencies. As a first step toward generating a consensus on the current state of knowledge and deciding on a common approach, several agencies planned this...
Persistent link: https://www.econbiz.de/10005525686
Intervention policies for HIV/AIDS differ in their approaches, and acceptability to control the spread of the epidemics. We introduce a theoretical model to depict how several factors may determine an individual's maximum willingness to pay for any HIV/AIDS policy. Heterogeneous baseline risks,...
Persistent link: https://www.econbiz.de/10010836012
Order, symmetries, correspondences and proportionalities that served ashypothesis for any economical theories are frequently infirmed by the contemporary reality. The new theoretical approaches take into consideration chaos, as an endogenous feature of simple nonlinear systems and synergetic of...
Persistent link: https://www.econbiz.de/10009393702
various contributions of this neuroeconomic approach to three main economic domains: The individual decision-making, the risk …
Persistent link: https://www.econbiz.de/10008680232
. The resulting framework consists of a simulation model, a decision analytical tool, and a set of suggested policy … strategies for policy formulation. The framework will aid decision makers with high risk complex environmental decisions subject …
Persistent link: https://www.econbiz.de/10009283637
Within forecasts based on single estimations the risk due to uncertainty is not considered. Yet they continue to be widely used in practice in different areas of marketing such as the return on investments, discounted flow of benefits of a project, the average annual benefit of an investment a.s.o.
Persistent link: https://www.econbiz.de/10010660791
rational” and make decision optimally. In contrast, psychology has observed how they fail to be rational from an economic …
Persistent link: https://www.econbiz.de/10010850208
Our paper deals with aspects regarding risk and uncertainty.Using content analyze in this paper we survey the disclosure level of risk management information in the annual report of top Romanian listed companies.
Persistent link: https://www.econbiz.de/10010852161
Without substitute decision-maker, decision support system, through their components,can facilitate the work of … decision-maker by providing useful clues to solving problems andidentifying opportunities. Choosing an optimal solution in case … of complex decision makingprocesses, with a degree of uncertainty, involving a series of interdependent decisions …
Persistent link: https://www.econbiz.de/10008788598