Showing 1 - 10 of 425
We report the result of experiments designed to assess the effect of initial endowments on willingness to pay values elicited from multi-unit Vickrey auctions. Comparing bids from an “endow and upgrade” approach with the “full bidding” approach, we find that the direction of the...
Persistent link: https://www.econbiz.de/10010097673
Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative … over more frugal alternatives. -- game theory ; experiments ; maximization ; alternative traveler’s dilemma ; goals …
Persistent link: https://www.econbiz.de/10010049042
Article refers to the issue of credit risk management in commercial banks. Particular attention is paid to the problem … extreme values theory, the conditional loss distribution function and the profitability analysis of the loan portfolio. The …. -- credit risk ; probability of default ; stress test ; profitability …
Persistent link: https://www.econbiz.de/10010118427
having access to efficient methods of quantifying credit risk, or the probability of default. The logit models are among the … to quantify companies’ credit risk. The present study describes the problems that arise with logit on a sample of Spanish …. -- credit risk ; default ; logit model …
Persistent link: https://www.econbiz.de/10010118428
We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk … employment. Greater risk of informal wage non-payment can raise or lower informal wage employment, depending on the source of … risk. Informal wage employment can be reduced by increasing detection efforts or by strengthening contract enforcement for …
Persistent link: https://www.econbiz.de/10010118864
In present study, we contribute to the discussion on international stock market correlations, by analyzing interdependencies between stock returns in US and Israeli stock exchanges. In particular, we concentrate on the original feature of Tel Aviv Stock Exchange (TASE) where the trading week...
Persistent link: https://www.econbiz.de/10010148279
This study examined the relationship between share prices and dividends, earnings and book values for companies listed on the Nairobi Securities Exchange (NSE) in Kenya for the six years period between 2005 and 2010. Using panel data analysis the study found evidence that there is a positive and...
Persistent link: https://www.econbiz.de/10010097680
- vor allem unter ostdeutschen Männern positiv auf die Entscheidung für eine Elternschaft wirkt. -- risk attitudes … individuelle Risikoneigung auf die Entscheidung für oder gegen ein Kind auswirkte, wurde bisher kaum beachtet. Es zeigt sich, dass …
Persistent link: https://www.econbiz.de/10010079368
risk-taking behavior deviates from expected utility theory in the presence of probability weighting. A group of … professional traders participates in an experiment, whose data are used to calculate risk and uncertainty premiums. This framework … allows measuring and disentangling the impact of probability weighting on risk perceptions and behavior. Several findings …
Persistent link: https://www.econbiz.de/10010079556
focusing on the effect of ethnic persistence and assimilation on individual risk proclivity. Employing information from a … risk proclivity by reducing immigrants’ risk aversion and explains the systematic variation in the observed risk attitudes … social norms is an essential factor in the formation of individual attitudes. -- risk attitudes ; ethnic persistence …
Persistent link: https://www.econbiz.de/10010082257