Search Results - subject:"risk aversion."

Risk aversion in share auctions : estimating import rrents from TRQs in Switzerland

Häfner, Samuel - In: Quantitative economics : QE ; journal of the … 14 (2023) 2, pp. 419-470

This paper analyzes risk aversion in discriminatory share auctions. I generalize the k‐step share auction model of … risk aversion. I also derive necessary conditions for best-response behavior, which allows determining risk preferences … high-quality beef. Rents are overestimated when ignoring risk aversion, and rent extraction is underestimated. Small …

Persistent link: https://www.econbiz.de/10014308566

Recursive preferences, correlation aversion, and the temporal resolution of uncertainty

Stanca, Lorenzo - 2023

Persistent link: https://www.econbiz.de/10014279845

Optimal spending of a wealth fund in the discrete time life cycle model

Aase, Knut K. - 2023

Persistent link: https://www.econbiz.de/10014289190

Loss aversion, risk aversion, and the shape of the probability weighting function

Rablen, Matthew D. - 2023

Loss aversion, risk aversion, and the probability weighting function (PWF) are three central concepts in explaining … commonly observed shapes of PWF and to risk aversion. In particular, I establish a connection between loss aversion and both … risk aversion and the inverse-S PWF: loss aversion is a necessary condition to observe each of these phenomena. The results …

Persistent link: https://www.econbiz.de/10014292798

Behavioral economics and monetary wisdom : a cross-level analysis of monetary aspiration, pay (dis)satisfaction, risk perception, and corruption in 32 nations

Tang, Thomas Li-Ping; Li, Zhen; Özbek, Mehmet Ferhat; … - In: Business ethics, the environment & responsibility 32 (2023) 3, pp. 925-945

Persistent link: https://www.econbiz.de/10014315214

Age-dependent risk aversion : re-evaluating fiscal policy impacts of population aging

Phitawat Poonpolkul - 2023

Persistent link: https://www.econbiz.de/10014320211

The generalized risk-adjusted cost-effectiveness (GRACE) model for measuring the value of gains in health : an exact formulation

Lakdawalla, Darius; Phelps, Charles E. - In: Journal of benefit-cost analysis : JBCA 14 (2023) 1, pp. 44-67

Persistent link: https://www.econbiz.de/10014320648

Pricing Kernels and risk Premia implied in bitcoin options

Winkel, Julian; Härdle, Wolfgang - In: Risks : open access journal 11 (2023) 5, pp. 1-18

Bitcoin Pricing Kernels (PKs) are estimated using a novel data set from Deribit, the leading Bitcoin options exchange. The PKs, as the ratio between risk-neutral and physical density, dynamically reflect the change in investor preferences. Thus, the PKs improve the understanding of investor...

Persistent link: https://www.econbiz.de/10014332072

The social cost of carbon with intragenerational inequality and economic uncertainty

Ploeg, Frederick van der; Emmerling, Johannes; Groom, … - 2023

Persistent link: https://www.econbiz.de/10013502598

The role of risk, regret, and rejoice in non-instrumental information seeking

Mechera-Ostrovsky, Tehilla; Liew, Shi Xian; Newell, … - In: Journal of behavioral decision making 36 (2023) 1, pp. 1-18

Persistent link: https://www.econbiz.de/10013464476