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/oder Subvention von Kapital und Löhnen nicht wichtig für die Wohlfahrsgewinne einer hinreichend vorangekündigten Steuerreform sind. … short-run confiscation and/or subsidy of capital and labor income is not important for the welfare gains of pre …
Persistent link: https://www.econbiz.de/10009466995
, to charge men and women the same price for life insurance would constitute a subsidy running from women (who would pay … to buy something, the idea that there is a subsidy implicit in unisex insurance rates is mistaken. For the consumer, the … purpose of life insurance and annuities is to hedge against the risk that one will die early or late. The present value of the …
Persistent link: https://www.econbiz.de/10009432041
the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …
Persistent link: https://www.econbiz.de/10009467405
. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …
Persistent link: https://www.econbiz.de/10009442826
-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …
Persistent link: https://www.econbiz.de/10009449067
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547
risk aversion and models of the utility function. One particular theory (expected utility with rank dependent probabilities …"Most decisions (political, economic, and social) are made in the context of risk so the subject of human behavior … under risk is of interest to several disciplines. Social science researchers who apply experimental methods to study …
Persistent link: https://www.econbiz.de/10009468391
This thesis contributes to the development of theoretical and experimental approaches that extend the analysis of risk … preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … are concerned with extensions and applications of the most promising descriptive theories of behavior under risk. In these …
Persistent link: https://www.econbiz.de/10009482308
The trade-off between price stability and output stabilization is in the centre of monetary policy-making. This trade-off enters many macroeconomic models as the central bank is assumed to minimize some loss function consisting of inflation deviations and output deviations from some specific...
Persistent link: https://www.econbiz.de/10009476179
There has been an increasing demand for involving stakeholders in the development of sustainable civil infrastructure systems. It has been acknowledged that one key element of a project is stakeholder involvement. As such, failure to successfully involve the stakeholders of an infrastructure...
Persistent link: https://www.econbiz.de/10009477936