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Wir analysieren die Vorgehensweise bei der Diskontierung langfristiger Projekte. Unsere Untersuchungen zur reinen … formulation of an adjusted OLG-discounting method (GAD) of consumption units, taking into consideration intra- and …
Persistent link: https://www.econbiz.de/10009475364
We consider an extension of the classical secretary problem where a decision maker observes only the relative ranks of a sequence of up to N applicants, whose true values are i.i.d. U[0,1] random variables. Applicants arrive according to a homogeneous Poisson Process, and the decision maker...
Persistent link: https://www.econbiz.de/10009450709
In the emergence of a pro-patent and intellectual capital era the management of Intellectual Property (IP) is currently undergoing major changes. IP management systems are becoming increasingly complex and strategic in handling an integrated portfolio of IPRs and intellectual assets rather than...
Persistent link: https://www.econbiz.de/10009457678
growth theory. Nordhaus argues that the Stern Review exaggerates the effects of global warming because it uses a discount … rate that is well below the market rate of return on capital. From the perspective of classical growth theory, Nordhaus … agents. The classical theory of growth interprets the market return to capital as a reflection of the property relations of …
Persistent link: https://www.econbiz.de/10009468160
adjusted OLG-discounting method of consumption units, taking into consideration intra- and intergenerational aspects. At the …
Persistent link: https://www.econbiz.de/10009475344
expressed. Kahneman and Tversky's Prospect Theory (1979) explains many of these "framing" effects as shifts in the point of …
Persistent link: https://www.econbiz.de/10009441007
,000 relative to conventional discounting. Applying the random walk model to the consequences of climate change, we find that …
Persistent link: https://www.econbiz.de/10009446677
This paper discusses the energy savings that could be obtained in Sweden by instituting specific standards for five … appliances: Refrigerators, freezers, dishwashers, clothes washers, and clothes dryers. At the present time, Sweden has no minimum …
Persistent link: https://www.econbiz.de/10009435878
This paper discusses the energy savings that could be obtained in Sweden by instituting specific standards for five … appliances: Refrigerators, freezers, dishwashers, clothes washers, and clothes dryers. At the present time, Sweden has no minimum …
Persistent link: https://www.econbiz.de/10009436768
Sweden during the 1990-93 recession period as well as the years immediately preceding and following that period. It is found …
Persistent link: https://www.econbiz.de/10009437732