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baseline scenario, the behavior of the profitability indicators: NPV, IRR, RSI, ID, RB/C and PR also incorporated risk analysis … pessimistic scenario, the project remains profitable. The risk analysis indicated a higher than average probability of 80% that …
Persistent link: https://www.econbiz.de/10011250410
offers to reduce characterization of a risk to such positions as uncertainty,danger, losses, and probability. Construction of … a risk and to research risks as a whole. Thus, further researches in this branch continue to be actual and necessary …, especiallyfor a practical activity. Basing on a classification, each type of a risk can be thoroughly analyzed, modeled, separated …
Persistent link: https://www.econbiz.de/10011250747
organizations the so-called estimation of risk receives more andmore a wide circulation in the different countries of the world. In …
Persistent link: https://www.econbiz.de/10011250791
the findings of risk research conducted in different fields of study and to trace the effect of these findings on risk … management practices. The basic approaches to risk presented in this paper show that the notions of probability employed in … cannot be completely excluded from risk management. This inherent subjectivity influences willingness to take risks as well …
Persistent link: https://www.econbiz.de/10011251910
beliefs on own and observer's risk-taking. The results suggest that different approaches should be useful to mitigate …
Persistent link: https://www.econbiz.de/10011255359
This chapter is a very compressed review of the neoclassical orthodoxy on the nature of rationality on economic theory. It defends the orthodoxy both against the behavioral criticism that it assumes too much and the revisionist view that it assumes too little. In places, especially on the...
Persistent link: https://www.econbiz.de/10011255411
This paper proposes that risk aversion encourages individuals to invest in balancedskill profiles, making them more … the impactsboth of risk aversion and balanced skills on the likelihood individuals chooseentrepreneurship. Data on Dutch … university graduates provides evidence which supportsthis contention. It thereby raises the possibility that even risk …
Persistent link: https://www.econbiz.de/10011255496
risk of thestrategies increases proportionally. Second, we test whether the strategies can be implementedsuccessfully in …, we examine several popularexplanations for the excess returns. We find no evidence of higher market risk or lower …
Persistent link: https://www.econbiz.de/10011255877
The obligation to pay bride wealth at marriage is usually associated with thecontinuation of the lineage or considered a compensation for the loss of laborfor the family that provides the bride. In this paper a different interpretationis advanced. The obligation to pay of bride wealth is seen as...
Persistent link: https://www.econbiz.de/10011255899
a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk … using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to …-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the ergodic distribution …
Persistent link: https://www.econbiz.de/10011256469