Showing 163,891 - 163,900 of 165,075
This paper analyses procurement from two, risk-averse, suppliers who are responsible for the timely delivery of some … to lower the risk of delays that are costly to the manufacturer. When investment is contractible, we show that issuing …
Persistent link: https://www.econbiz.de/10010418093
Persistent link: https://www.econbiz.de/10010419221
Persistent link: https://www.econbiz.de/10010419241
relevant magnitude of about 60 percent. We also find evidence of aversion against political and macroeconomic risk as …
Persistent link: https://www.econbiz.de/10010358654
Persistent link: https://www.econbiz.de/10010364175
Persistent link: https://www.econbiz.de/10010364682
Myopic loss aversion (MLA) has been established as one prominent explanation for the equity premium puzzle. In this paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative impact of feedback frequency and investment flexibility (via...
Persistent link: https://www.econbiz.de/10010365910
Persistent link: https://www.econbiz.de/10010423399
Persistent link: https://www.econbiz.de/10010425639
Persistent link: https://www.econbiz.de/10010428085