Showing 1 - 10 of 4,638
uncertainty principle. Problems, which can be solved, research fields, which can be augmented or created, and fields of …
Persistent link: https://www.econbiz.de/10005836335
uncertainty and other effects that are particularly manifest in cognitive processes, which makes it well suited for the study of …
Persistent link: https://www.econbiz.de/10011514496
of risk, both being associated to the stresses supported by the socio-economic system. We propose instruments for … resilience build-up and management based on a novel classification of risk and resilience management regimes corresponding to the … system's degree of uncertainty/predictability and stress level within it. Four main quadrants are identified: Ad hoc …
Persistent link: https://www.econbiz.de/10011516605
The decision how to share resources with others often needs to be taken under uncertainty on its allocational … consequences. Although risk preferences are likely important, existing research is silent about how social and risk preferences … not exposed to risk while beneficiaries' final earnings may be larger or smaller than the allocation itself, depending on …
Persistent link: https://www.econbiz.de/10011565561
A hypothesis of uncertain future was created and first applied in the field of utility and prospect theories. An extension of application of the hypothesis to the field of forecasting is considered in the article. The concept of inevitability of unforeseen events is a part of the hypothesis of...
Persistent link: https://www.econbiz.de/10012057407
paradox, risk aversion and other well-known fundamental problems. For a long time, this opinion was a barrier to proper …
Persistent link: https://www.econbiz.de/10005560978
Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...
Persistent link: https://www.econbiz.de/10005124942
transition may be a new aspect of uncertainty. Problems, which can be solved, research fields, which can be augmented or created …
Persistent link: https://www.econbiz.de/10005126070
This collection offers an economics-based overview of the various facets of risk. It contains six papers that examine a … broad array of research relating to risk. Two papers examine risk management and its application to decision making as well … as what researchers have learned over the past few decades in their theoretical investigations of risk. The remaining …
Persistent link: https://www.econbiz.de/10008472729
market risk levels are too great. Hazard warnings policies often can address informational failures. Some market failures may … be exacerbated by government policies, particularly those embodying conservative risk assessment practices. Labor market …. Although the market failures that give rise to a rationale for intervention are well known, not all market failures imply that …
Persistent link: https://www.econbiz.de/10014023507