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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).

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Strategic IPOs and product market competition

TL;DR: The authors examined firms' incentives to go public in the presence of product market competition and found that public firms adopt riskier and more aggressive output market strategies than private firms, which improves the competitive position of the former vis-a-vis the latter.
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A Theory of Reasoned Action model of the Chartered Accountant career choice

TL;DR: In this paper, a Theory of Reasoned Action (TRA) model was used to test the student's choice of a career in Chartered Accountancy (CA) and found support for the TRA model.
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Axiomatic measures of perceived risk: Some tests and extensions

TL;DR: The history of axiomatic measurement of perceived risk of unidimensional risky choice alternatives is briefly reviewed in this article, where the most viable risk model on the basis of these and other results is described.
Posted Content

The Nash bargaining solution is optimal

TL;DR: In this article, the authors consider a two-person bargaining game where players have different opinions about what is the appropriate solution concept to use, and propose a procedure to resolve such a conflict.
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Monotone continuous multiple priors

TL;DR: In this article, the authors provide necessary and sufficient behavioral conditions ensuring the countable additivity and non-atomicity of all priors in a multiple priors model, a la Gilboa and Schmeidler (1989).