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Essays in the theory of risk-bearing
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The article was published on 1958-01-01 and is currently open access. It has received 3688 citations till now. The article focuses on the topics: Bearing (mechanical).read more
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Responding to crises and disasters: the role of risk attitudes and risk perceptions.
TL;DR: The role that risk attitudes and risk perceptions play in decision making behaviour of individuals in times of crises and disasters and how knowledge about individual behaviour and its drivers may be helpful when developing policy is examined.
Journal ArticleDOI
Ethics Through an Entrepreneurial Lens: Theory and Observation
Emeric Solymossy,John K. Masters +1 more
TL;DR: In this paper, a model of ethical decision-making for small business entrepreneurs is proposed, and the authors suggest some ways in which the ethical framework of entrepreneurs may differ systematically from that of other business people and propose some areas for future research.
Proceedings Article
Exploration vs Exploitation vs Safety: Risk-averse Multi-Armed Bandits
TL;DR: A theoretical analysis of the MIN algorithm under mild assumptions is presented, establishing its robustness comparatively to UCB and state-of-art risk-aware MAB algorithms on artificial and real-world problems.
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Employer Size and On-the-Job Training Decisions
TL;DR: In this article, the authors focus on one particular aspect of employer size effects-the observed higher training investments in large firms, which not only explains the greater investment in on-the-job training by larger firms, but also generates predictions with regard to the allocation of the firm's resources across investment in people with different demographic characteristics.
Journal ArticleDOI
Distinguishing barriers to insurance in Thai villages
TL;DR: In this paper, the authors show that the way history matters in forecasting consumption can be used to distinguish the hidden income model from other models of incomplete insurance, and also argue that accounting for measurement error in consumption is important in identifying barriers to insurance.