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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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“Last-Place Aversion”: Evidence and Redistributive Implications
TL;DR: This article showed that participants randomly placed in second-to-last place are more likely to give money to the person ranked one rank above them instead of the person one rank below, suggesting that low-income individuals might oppose redistribution because it could differentially help the group just beneath them.
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Axiomatic Foundations of Multiplier Preferences
TL;DR: The authors axiomatizes the robust control criterion of multiplier preferences introduced by Hansen and Sargent (2001) and establishes a link between the parameters of the multiplier criterion and the observable behavior of the agent.
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Gender differences in defined contribution pension decisions
TL;DR: This paper found that women exhibit greater relative risk aversion in their allocation of wealth into defined contribution pension assets, while men exhibit less risk aversion than women in their allocations of wealth to defined contribution pensions.
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A Systematic Review of Theory Use in Software Engineering Experiments
TL;DR: It is found that theory use and awareness of theoretical issues are present, but that theory-driven research is, as yet, not a major issue in empirical software engineering.
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Optimal paths in graphs with stochastic or multidimensional weights
TL;DR: A single formulation encompassing both stochastic and multidimensional optimal path problems is considered, in which a utility function defines preference among candidate paths, and the ability to state explicit conditions for exact solutions using standard methods and the applicability of well-understood approximation techniques is explored.