Now showing items 1-10 of 306
Asymmetric preferences in investment decisions in the Brazilian financial market
The main objective of this article is to test the hypothesis that utility preferences that incorporate asymmetric reactions between gains and losses generate better results than the classic Von Neumann-Morgenstern utility ...
The factors affecting the risk attitude in entrepreneurship: evidence from Latin America
(Taylor & Francis, 2014)
This article departs from the traditional analysis of the effects of risk aversion in entrepreneurship to study the determinants of entrepreneurial risk aversion in developing a new venture and becoming an entrepreneur.We ...
Determinants of the Risk Attitude in Entrepreneurship: Evidence from Latin America
(School of Business and Economics, Universidad del Desarrollo, 2014)
This paper departs from the traditional analysis of the effects of risk aversion in entrepreneurship to study the determinants of entrepreneurial risk aversion in developing a new venture and becoming an entrepreneur. We ...
Credit rationing or entrepreneurial risk aversion? A comment
(School of Business and Economics, Universidad del Desarrollo, 2013-05)
Cressy (2000) argues that the positive correlation between assets and the rate of business startups is due to DARA preferences. We show however that the required property is prudence,and prudence is consistent with DARA, ...
Risk Preferences Estimation for Small Raspberry Producers in the Bío-Bío Region, Chile
(Instituto de Investigaciones Agropecuarias, INIA, 2008)
Peer effects in risk aversion
(Universidad ORT Uruguay. Facultad de Administración y Ciencias Sociales, 2012)
Utilizando datos sobre adolescentes uruguayos se estima el efecto de los pares en las actitudes hacia el riesgo, en un entorno experimental sobre una muestra de estudiantes de secundaria
Labor supply, risk aversion and economic refrom in China
(Escola de Pós-Graduação em Economia da FGV, 1998-02-05)
Economic reform in China has created a small, but fast-growing private sector that has spurred rapid productivity growth. Growth of the private sector is predicated upon continued labor movements away from state-run ...
Approximations on risk-averse Markov decision processesApproximations dans les processus de décision Markoviens averses au risque
(Institut National de Recherche en Informatique et en Automatique, 2013)
We consider the problem of approximating the values and the optimal policies in risk-averse discounted Markov Decision Processes with infinite horizon. We study the properties of the rolling horizon and the approximate ...