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59.014  Articles
1 of 5.902 pages  |  10  records  |  more records»
Purpose of the article: Economic theory has long relied on a descriptively sparse model of individuals behavior based on the premise that people are rational and held in accordance with the expected utility theory, but in the reality there are m... see more

Purpose of the article: Classical and neo-classical economic theories consider a human as a rational individual making logical decisions and maximizing his profit. But what if it is not the case? People making decisions in the real world will ne... see more

East Java has various regional conditions. The condition of the area certainly has the potential for disasters that have a significant impact on the agricultural sector. Flood is one of the factors that damage agricultural land. Flood risk management play... see more

The axiomatic foundation of the expected utility theory (which states that given a set of uncertain prospects individuals pick up the prospect which yields the highest expected utility) was first laid down by Von Neumann and Morgenstern (1947). ... see more

In this paper, we analyze the attitudes of taxpayers regarding tax system. We propose an approach which combines between theory and practice. In the first step, we present a normative approach; based on a theoretical study. In order to produce an empirica... see more

Expected utility theory provides a framework for modeling choice of a rational individual, whose goal is to maximize expected utility to the preferences towards risk. However, extreme risks, such as, for example, a stock market crash or a natural disaster... see more

AbstractOrientation: The expected utility theory was used as the lens to focus on how South African investors’ demographics are associated with their financial risk tolerance.Research purpose: To determine the association between eight demographic variabl... see more

This study investigates the problem of rational choice of portfolio structure using the expected utility based on Value-at-Risk.The study used formal mathematical methods, the method of economic and mathematical modeling, methods of portfolio construction... see more

This paper attempts to explain the banking performance in Jordan to draw out the implications of related theories and evidence for policy makers. Accordingly, they can influence the banking industry, which, in turn, impacts the economy overall. We investi... see more

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