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 How Fishermen Make Eeconomic Decisions?. Insights from Behavioral and Experimental Economics
Наименование:

How Fishermen Make Eeconomic Decisions?. Insights from Behavioral and Experimental Economics

автор Quang N. издательство Книга по Требованию Экономическая теория
Cтраниц 132        мягкая обложка       
Аннотация:We address this question by applying prospect theory and experimental economics methodology to directly estimate the parameters used as proxy for risk behavior as well as to explore how these parameters are determined by socioeconomic and cultural factors. The role of risk preferences in the decision- making process is especially emphasized in the context of such a risky profession as fishery. One decision relates to the choice of remuneration practice; the other is concerned with the fishing trip length. Given that, we also explore the question whether fishermen have different risk patterns from workers in other occupations. This book provides readers with additional insights into the economic behaviors of fishermen. The underlying factor of these decision-making processes is the risk behavior of the vessel’s captain or owner. In particular, we look at how a fishing vessel’s captain or owner makes two of the most important decisions in the fishing business. Most previous studies addressed this question from the expected utility theory perspective and assumed that fishermen like other workers are risk-averse.
Автор: Quang N.
Издательство: Книга по Требованию
Год:2009
Цена:
2415 руб
Нет в наличии
Поиск: How Fishermen Make Eeconomic Decisions?. Insights from Behavioral and Experimental Economics


ДОСТИГ ЦЕЛИ, А СЧАСТЬЕ НЕ НАСТУПИЛО?


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