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This paper aims to explore the relevance of the Asymmetric Information and the Theory of Argumentation TA in the complex area of financial crises. Specifically, we investigated the scope of the phenomenon of persuasion in advertising. It examines advertisements in publications notable economic...
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Genetic tests can be expected to produce a large amount of economically important information in the future. What are the effects on a life insurance market if more information becomes available over time, for individuals and possibly also for insurers? Should people buy insurance before or...
Persistent link: https://www.econbiz.de/10005515562
The objective of this paper lies in identifying Stiglitz's main theoretical contributions to Financial Economics. It is shown that he made material headway in the following issues: (1) the Modigliani-Miller theorem, (2) the efficient market hypothesis, (3) the microeconomic effects of...
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Using the Free Cash-Flow method in the valuation of small or medium enterprises is far different from the valuation of …
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An article about Kihlstrom and Mirman about comparative risk aversion with many goods is critiqued. If "more risk averse" is interpreted as signifying that an individual is less willing to accept a median-preserving spread, then risk aversion cannot be compared across individuals with different...
Persistent link: https://www.econbiz.de/10009642939