Browsing by Subject "risk aversion"

Now showing items 1-10 of 10

    • Almost Stochastic Dominance: Magnitude Constraints on Risk Aversion 
      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 ...
    • Alternative Approaches to Comparative nth-Degree Risk Aversion 
      Liu, Liqun; Neilson, William S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-07-30)
      Economists have used the risk premium and the probability premium that are revealed through individual choices to compare how risk averse two individuals are. These behavioral, or choice-based, measures of risk aversion ...
    • Comparative Risk Apportionment 
      Liu, Liqun; Paan Jindapon; Neilson, William S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2021-01-04)
      A decision maker who would rather apportion an independent risk in a state with a good lottery than in a state with a bad lottery is said to have a preference for risk apportionment (Eeckhoudt & Schlesinger, 2006). In this ...
    • Gender Differences in Partnership Dissolution Mechanisms 
      Zotos, Alexa
      This paper analyzes the effect that gender has in the process of executing arbitration protocols in partnership dissolution. The ongoing discussion concerning the differences in decisions men and women make based on ...
    • Learning and risk aversion 
      Oyarzun, Carlos (2009-06-02)
      This dissertation contains three essays on learning and risk aversion. In the first essay we consider how learning may lead to risk averse behavior. A learning rule is said to be risk averse if it is expected to add more ...
    • Measurement to Intelligence: Feature Extraction, Modeling and Predictive Analysis of Asymmetric Conflict Events 
      George, Stephen M (2014-06-06)
      The conflict events that comprise asymmetric warfare are a primary killer of both combatants and civilians on the modern battlefield. Improvised explosive devices (IED) and direct fire (DF), the most common of these attacks, ...
    • Optimality of Winner-Take-All Contests: The Role of Attitudes Toward Risk 
      Liu, Liqun; Treich, Nicolas (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-12-16)
      It has been established in the literature that, under the assumption of risk-neutral contestants, it is usually optimal for an effort maximizing contest organizer with a fixed prize budget to award everything to a single ...
    • Portfolio Choice in the Model of Expected Utility with a Safety-First Component 
      Jansen, Dennis W.; Liu, Liqun (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2020-10-14)
      Whereas the majority of economists interpret risk as dispersion or variation in an outcome variable, many everyday decision makers tend to associate risk with the outcome failing to meet a certain “safety� level. In ...
    • Risk and Risk Aversion Effects in Contests with Contingent Payments 
      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 ...
    • Three essays in labor economics: fertility expectations and career choice, specialization and the marriage premium, and estimating risk aversion using labor supply data 
      Leonard, Megan de Linde (2009-05-15)
      Women, on average, are found in systematically different careers than men. The reason for this phenomenon is not fully understood, in part because expectations play a vital role in the process of career choice. Different ...