Browsing by Author "Meyer, Jack"
Now showing items 1-19 of 19
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Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-06-01)Almost stochastic dominance (ASD) extends conventional first and second degree stochastic dominance by placing restrictions on the variability in the first and second derivatives of utility. Such restrictions increase the ...
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Falatoonzadeh, Hami (Texas A&M University. Libraries, 1983)The purpose of this study is to discover the most effective strategy or strategies available to agricultural producers in order to minimize the variability of net farm income. Several of the most commonly used strategies ...
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Livengood, Kerry R. (Texas A&M University. Libraries, 1981)Public investment in the production of outdoor recreation requires estimates of user benefits for informed decision making. Recreation often has no market price so that alternative methods of estimating demand for and ...
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Watson, John Keit (Texas A&M University. Libraries, 1982)In markets where firms and buyers are separated by costly distance, the degree of competition is believed by some economists to be less than perfect. Under these circumstances, many economists have demonstrated through the ...
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Viswanathan, Ramaswam (Texas A&M University. Libraries, 1982)The main objective of this dissertation was to identify those internal factors (or variables) that were common to those manufacturing firms which had established effective product elimination programs and those firms which ...
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Foster, Henry Sessam (Texas A&M University. Libraries, 1980)For the past fifty years, the government has attempted to direct and control the growth of the U.S. economy through a variety of policy tools. These efforts have intensified in recent years. Concurrently, the economy has ...
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Lu, Alan Yun (Texas A&M University. Libraries, 1983)Previous approaches to measuring the annual potential gross national product (GNP) of the U.S. economy have suffered from several common shortcomings. For example, the demand for goods and services in the economy and hence ...
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Bogahawatte, Cyril (Texas A&M University. Libraries, 1982)Rice is the main staple food in Sri Lanka. The domestic production is insufficient to meet the local requirements and Sri Lanka is dependent on imports of rice and wheat flour to feed its population. To increase the rice ...
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Patton, William Palmer (Texas A&M University. Libraries, 1980)This study estimates the probable impacts of seven alternative cotton policy scenarios on the crop production industry in the Cotton Belt region of the United States. A belt-wide, regional linear programming model of crop ...
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Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2014-02-01)One random variable is larger than another in the increasing convex order if that random variable is preferred or indifferent to the other by all decision makers with increasing and convex utility functions. Decision makers ...
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Hoelscher, Gregory Paul (Texas A&M University. Libraries, 1981)Uncertainty and its effects is a topic in economics that has received increasing attention in the last few years. One area of this topic that is becoming more important is the study of the cause and effects of inflation ...
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Taylor, Merritt Jefferso (Texas A&M University. Libraries, 1982)Agricultural exports have shown a substantial increase during the 1970s and are expected to continue to grow during the 1980s. Because grain is a low-valued, bulky commodity, international grain flows are very sensitive ...
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Billingsley, Randall Scott (Texas A&M University. Libraries, 1982)This study constructs a multiple discriminant analysis model (MDA) which predicts the top three rating classes assigned by Standard & Poor's Corporation to bank holding company (BHC) capital notes and debentures--AAA, AA, ...
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Eeckhoudt, Louis; Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-02-23)This paper proposes two restricted forms of an increase in risk aversion. Using examples from portfolio choice, self-protection and insurance demand, it is shown that these stronger notions of increased risk aversion ...
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Liu, Liqun; Meyer, Jack; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-01-18)Firms seeking new products, investors backing competitors, and government agencies in search of design solutions are all examples of different models of contest design found in the marketplace. In PERC’s working paper ...
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Liu, Liqun; Meyer, Jack; Rettenmaier, Andrew J.; Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2017-03-01)Contests by their very nature involve risk, winning and losing are both possible, and the gain from winning can itself be uncertain. The participants in a contest use resources to increase their chance of winning. The main ...
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Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-05-06)This paper introduces a definition of stochastic superiority. One random variable is stochastically superior to another whenever it stochastically dominates the other after the risk in each random variable has been optimally ...
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Denuit, Michel M.; Eeckhoudt, Louis; Liu, Liqun; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-03-26)Besides risk aversion, decision makers are often assumed to be downside risk averse. In order to investigate tradeoffs that downside risk averse decision makers face, this paper proposes five stochastic orders, each ...
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Liu, Liqun; Denuit, Michel; Eeckhoudt, Louis; Meyer, Jack (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-09-01)Agents who are averse to increases in downside risk are defined as being averse to changes that shift a certain amount of risk to a lower income level. For downside risk averse decision makers, there are several tradeoffs ...