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Mean-variance analysis in temporary equilibrium

Rauh, Michael T.; Seccia, Giulio - In: Research in economics : an international review of economics 55 (2001) 3, pp. 331-345

Persistent link: https://www.econbiz.de/10001707959

Experimentation, full revelation, and inspiration and collapse

Seccia, Giulio; Rauh, Michael T. - 2001

Persistent link: https://www.econbiz.de/10001644508

Experimentation, full revelation, and the monotone likelihood ratio property

Rauh, Michael T.; Seccia, Giulio - In: Journal of economic behavior & organization : JEBO 56 (2005) 2, pp. 239-262

Persistent link: https://www.econbiz.de/10002515870

Agency and anxiety

Rauh, Michael T.; Seccia, Giulio - In: Journal of economics & management strategy : JEMS 19 (2010) 1, pp. 87-116

Persistent link: https://www.econbiz.de/10003949563

Agency and Anxiety

Rauh, Michael T.; Seccia, Giulio - 2014

In this paper, we introduce the psychological concept of anxiety into the standard linear agency model. After replacing the agent's risk premium with anxiety, we show that the agent's optimal effort can conform to the inverted-U hypothesis, which states that an increase in anxiety improves...

Persistent link: https://www.econbiz.de/10014026659