Experiments in decision-making under risk and uncertainty: thinking outside the box
Article Abstract:
A study was conducted to analyze laboratory methods-based research on managerial decision-making under risk and uncertainty. Some of the issues addressed by the research correlated in insuring against risky outcomes, levels of risk and complexity of risk. Concerns associated with markets for inputs were also analyzed. In addition, the interactive role supported by theory development on understanding risk and uncertainty was examined.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 1998
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Risk reduction and real estate portfolio size
Article Abstract:
Research investigating ways in which the size of a real estate can reduce the levels of risk in the United Kingdom is presented. Particular attention is given to managerial techniques applied by fund managers and to the size of the real estate portfolio needed to reduce risk.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2001
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Skewness preference, mean-variance and the demand for put options
Article Abstract:
The mean-variance approach to modelling expected utility is compared with the mean-variance-skewness approach, with particular focus on risk management difficulties.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 1999
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