Risky targets and effort

O. Chia Chuang, Louis Eeckhoudt, Rachel J. Huang, Larry Y. Tzeng

研究成果: 雜誌貢獻期刊論文同行評審

11 引文 斯高帕斯(Scopus)

摘要

When decision makers invest in effort to reach their targets, they face multiple sources of risk: first the risk of failure and second the noise that surrounds either the target or the initial situation. In this paper, we examine how effort is adjusted to account for changes in this risky environment.

原文???core.languages.en_GB???
頁(從 - 到)465-468
頁數4
期刊Insurance: Mathematics and Economics
52
發行號3
DOIs
出版狀態已出版 - 5月 2013

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