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Making financial decisions under risk and uncertainty has become part of everyday life. Traditional finance explores … the objective side of risk, analysing the decisions made by perfectly rational individuals in efficient market conditions …. Behavioural finance seeks to connect theory with practice by combining elements of behavioural psychology with finance. The centre …
Persistent link: https://www.econbiz.de/10014530307
out some key issues on how the credit risk associated to these products can be reduced and, finally, in the last section …
Persistent link: https://www.econbiz.de/10012259883
This paper examines how objective and subjective heterogeneity in life expectancy affects savings behavior of healthy and unhealthy people. Using data from the Health and Retirement Study, we first document systematic biases in survival beliefs across self‐reported health: those in poor health...
Persistent link: https://www.econbiz.de/10015053875
established as an important model for Korea's disaster risk reduction activities. …Since the 1990s, efforts have been made to reduce the damage caused by natural disasters, among which the Disaster …
Persistent link: https://www.econbiz.de/10012703963
The EU Disaster Risk Management Knowledge Centre (DRMKC) is developing and maintaining the Risk Data Hub (RDH): a web … platform, for collecting, managing and sharing disaster risk as well as damage and loss data. The RDH aims at supporting the … Framework for Disaster Risk Reduction and at facilitating reporting by Member States, to help meet the objectives of Decision No …
Persistent link: https://www.econbiz.de/10015278852
The workshop "Decision Making Improvement for Disaster Risk Management (DRM) through technological support" was held in … Risk Data Hub, GRRASP and RAPID-N. The session was divided in two parts, in the first it was presented the general …
Persistent link: https://www.econbiz.de/10015281936
impact. We combine a new dataset on disaster risk management governance for 26 countries from the Latin America and Caribbean … disaster risk management (DRM) governance processes, we exploit the fact that changes in DRM regulatory frameworks affect a … country's capacity for disaster risk identification and reduction to provide instrumental variable estimates of their impact …
Persistent link: https://www.econbiz.de/10015054004
disaster management systems and discussion of risk mitigation strategies within households (both of which are common in the … natural disaster. The COVID-19 pandemic had a negative impact on disaster risk preparedness, primarily due to households … Caribbean to cope with disasters caused by natural hazards. The analysis sheds light on disaster preparedness in five "data …
Persistent link: https://www.econbiz.de/10015113672
minimize disaster risk in communities. People’s standards, beliefs, and behaviors are greatly influenced by societal … study confirmed that the school curriculum has a positive and significant relationship with disaster risk management. Many … systems. Learning about ideas such as civil protection and incorporating disaster risk management into school curricula are …
Persistent link: https://www.econbiz.de/10013359125
This paper studies the spending response to news about a dividend tax reform to estimate the elasticity of intertemporal substitution (EIS). The Norwegian dividend tax reform was proposed in 2003, announced in 2004, and implemented in 2006, raising the dividend tax rate by 28 percentage points....
Persistent link: https://www.econbiz.de/10015271791