such differences are driven by different attitudes towards competition. In our experiment subjects choose between a … women. Women are mainly influenced by their degree of risk aversion, but men are not. Men compete more against men than …

This chapter of a collective book aims at presenting the basics of decision making under risk. We first define notions … of risk and increasing risk and recall definitions and classifications (that are valid independently of any … representation) of behavior under risk. We then review the classical model of expected utility due to von Neumann and Morgenstern …

intuition and more precisely we emphasize the real options theory as one means of valuing ‡exible strategies in the disposal of …

security of energy supply. More particularly, we show how the real options theory may be a convenient tool to analyze the …

. Optimal cooperation involves either monopoly or duopoly investment, the latter being either symmetric or asymmetric. Finally …

account of the perspective to acquire better but costly information in the future. Though the real option theory seems to be …