Showing 1 - 10 of 323
other hand, have not been successful in incorporating both individual rationality and inter-individual heterogeneity … preferences and try to maximize expected utility but heterogeneous in the sense that they have different preferences over possible …
Persistent link: https://www.econbiz.de/10009468335
"In particular, the academic debate over the best prediction about the behavior of people that use a common-pool resource (CPR), and the recommended policy approaches to the CPR dilemma have undergone a very interesting evolution throughout the last 3 decades of the pastcentury, since the...
Persistent link: https://www.econbiz.de/10009468435
years, scholars have turned to alternative representations of utility in an attempt to capture motivational heterogeneity …Subsequently published as:"Incorporating Motivational Heterogeneity into Game Theoretic Models of Collective Action … across individuals. In the research reported here, we examine two models of heterogeneous utility, linear-altruism and …
Persistent link: https://www.econbiz.de/10009468400
risk aversion and models of the utility function. One particular theory (expected utility with rank dependent probabilities …
Persistent link: https://www.econbiz.de/10009468391
accounting for heterogeneity. Results indicate that, compared to alternative formats, binary answer formats lead to equal …
Persistent link: https://www.econbiz.de/10009457361
The Marketing literature has shown how difficult it is to profile market segments derived with finite mixture models, especially using traditional descriptor variables (e.g., demographics). Such profiling is critical for the proper implementation of segmentation strategy. We propose a new finite...
Persistent link: https://www.econbiz.de/10009477260
Falls and their injury outcomes have count distributions that are highly skewed toward the right with clumping at zero, posing analytical challenges. Different modelling approaches have been used in the published literature to describe falls count distributions, often without consideration of...
Persistent link: https://www.econbiz.de/10009484631
Este trabajo propone un nuevo procedimiento para estimar el fechado de los cambios de fase (picos y valles) en un ciclo económico de referencia, a partir del fechado de los cambios de fase en los ciclos económicos específicos de un conjunto amplio de indicadores económicos coincidentes. Cada...
Persistent link: https://www.econbiz.de/10012532217
Este trabajo proporciona una cronología precisa del ciclo económico de referencia de la economía española. Para ello, se adapta el procedimiento de fechado, que considera la posibilidad de múltiples puntos de cambio en la fase del ciclo, propuesto por Camacho, Gadea y Gómez Loscos (2021)....
Persistent link: https://www.econbiz.de/10014568911
preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … dependence compared to classical models of expected utility theory. It is shown that some empirical puzzles concerning … utility theory are met. It is shown that the methodological concerns are empirically relevant when a classification of …
Persistent link: https://www.econbiz.de/10009482308