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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
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
dominates a single evaluation method if risk aversion is positivebut not too great. The principal should let each agent decide ….Chapter four discusses the impact of ability grouping in secondary educationon student incentives. Education provides a signal on … unobservable abilityfor employers and improves productivity after education. Selection setsbetter incentives in primary education …
Persistent link: https://www.econbiz.de/10009471898
risk through investment in equipment or production of other crops on the property. …
Persistent link: https://www.econbiz.de/10009446730
with economic incentives as generated by the market system and requires changes in the market institutions to implement … problem is consistent with the underlying economic order (market system), if economic incentives to solve the problem exist … collective action are not pecuniary, this implies that the activity is not consistent with market incentives and therefore …
Persistent link: https://www.econbiz.de/10009468423
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
"The central challenge of tropical biodiversity conservation involves reconciling private and social incentives to … important to identify what type of institutional arrangements can effectively align private and social incentives to promote … ensure biodiversity conservation and an equitable distribution of benefits and costs. There has been little theory or …
Persistent link: https://www.econbiz.de/10009468344
sets simulated for Full Signal Detection Theory and its special cases of standard Signal Detection Theory and Complementary … Signal Detection Theory. …
Persistent link: https://www.econbiz.de/10009441534