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the available information, and are not able to include subjective (but technically) informed knowledge, nor the volatility …
Persistent link: https://www.econbiz.de/10011491963
This study examines gender differences in overconfidence and decision-making in a high-stakes environment. Using data on more than 40,000 individual attempts from international freediving competitions, we provide evidence that women, on average, are less likely than men to overestimate their...
Persistent link: https://www.econbiz.de/10012435516
Persistent link: https://www.econbiz.de/10011755871
Sardinian regional planning is characterized by a deep change that followed the approval of the Regional Landscape Plan (RLP). The RLP, which is ruled by the Italian National Code of Cultural Heritage and Landscape, establishes the directions for future Sardinian regional planning. The actual...
Persistent link: https://www.econbiz.de/10011541721
Historically, the northern Russian regions have been an object of a special socio-economic policy, united by extreme climate conditions, geographical isolation and rich natural resources reserves. Northern investment risks in human capital formation are proposed in the paper, as an indicator of...
Persistent link: https://www.econbiz.de/10011499452
Some consumption opportunities, e.g. medical treatments, are both indivisible and only valuable in particular states of nature. The existence of such state-dependent indivisible consumption opportunities influences a person's risk attitudes. In general, people are not risk averse anymore even if...
Persistent link: https://www.econbiz.de/10012231153
Whether people seek or avoid risks on gambling, insurance, asset, or labor markets crucially depends on the skewness of the underlying probability distribution. In fact, people typically seek positively skewed risks and avoid negatively skewed risks. We show that salience theory of choice under...
Persistent link: https://www.econbiz.de/10012231164
Industry models provide an excellent opportunity to accelerate development based on best practices and standards which are introduced in industry models. One such model is a banking model for data warehouse. Traditional data warehousing technologies are based on relational database engines, data...
Persistent link: https://www.econbiz.de/10012227826
The socioeconomic importance of housing and its medium- and long-term investment returns requires a significant effort to predict future dynamics to ensure that the different real estate market agents make the best decisions. Furthermore, the territory structure and the lack of information and...
Persistent link: https://www.econbiz.de/10011491300
Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10011491961