Sentencing Under Uncertainty: Anchoring Effects in the Courtroom
β Scribed by Birte Enough; Thomas Mussweiler
- Book ID
- 109289999
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 998 KB
- Volume
- 31
- Category
- Article
- ISSN
- 0021-9029
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
Mean-Reverting processes are appropriate for most "real option" investment models, yet Geometric Brownian Motion (GBM) processes are generally used for tractability. Hassett and Metcalf (J. Econom. Dyn. Control 19 (1995) 1471-1488) argue that using a GBM process is justiΓΏed because mean-reversion ha
This paper uses duality theory to decompose the total effect on the competitive firm's output of an increase in the riskiness of output price into income and substitution effects. Properties of preferences that control the sign of each effect are identified. The analysis extends to the general class