Given the possibility to modify the probability of a loss, will a profit-maximizing insurer engage in loss prevention or is it in his interest to increase the loss probability? This paper investigates this question. First, we calculate the expected profit maximizing loss probability within an...

The article reviews the content of auditor's reports of Ukrainian public companies whose shares are listed on the Warsaw Stock Exchange in terms of the presence of modifications to the auditor's opinion and emphasis of matter paragraphs. There are revealed the key shortcomings, as seen by an...

Grey theory deals with systems with inadequate, poor and uncertain information. Modeling against insufficient sample and saturated sequence, Grey Verhulst model has its particular perfection. Its modeling process is easy and high prediction accuracy can be achieved. In this paper, the...

Given the possibility to modify the probability of a loss, will a profit-maximizing insurer engage in loss prevention or is it in his interest to increase the loss probability? This paper investigates this question. First, we calculate the expected profit maximizing loss probability within an...

The European Union (EU) still retains genetically modified (GM) crop applications within its agriculture and on the EU market. The current EU non-GM crop regime is in fact a ‘fictitious’ or ‘virtual’ non-GM crop regime that has developed into a ‘wicked’...

This study investigates heterogeneous consumer preferences for nano-food and genetic-modified (GM) food and the associated benefits using the results of choice experiments with 1117 U.S. consumers. We employ a mixed logit model and a latent class logit model to capture the heterogeneity in...

Our study provides result using mixed logit model from analyzing of choice experiment survey data to examine college students' attitudes toward genetically modified (GM) breakfast product from U.S. and China. Here we expand on previous research by exploring certain socio-demographic, attitudinal...