Business executives and choice of risk, Microeconomics

Business Executives and Choice of Risk

*  Example

- Study of 464 executives found that:

  • 20% persons were risk neutral
  • 40% persons were risk takers
  • 20% persons were risk averse
  • 20% persons did not respond

*  The persons who liked risky situations did so when the losses were involved.

*  When risks involved gains same, executives opted for less unsafe situations.

*  The executives made efforts to reduce or eliminate risk by delaying decisions and gathering more information.

Posted Date: 10/10/2012 8:53:50 AM | Location : United States

Related Discussions:- Business executives and choice of risk, Assignment Help, Ask Question on Business executives and choice of risk, Get Answer, Expert's Help, Business executives and choice of risk Discussions

Write discussion on Business executives and choice of risk
Your posts are moderated
Related Questions
Social cost: Social cost of production refers to the cost incurred by a society when its economic resources are used to produce a given commodity. The usage of a society’s res

Zac consumes only pizza and chianti. He consumes these goods in fixed proportions: 2 slices of pizza for one glass of chianti. His income is $100 per week. a. Derive demand func

elasticity concept in policy formulation

Sally recently finished her full-time training and received certification as a nurse’s aid at the end of August. She sent out applications to prospective employers during the last

Demand Function is Homogeneous of Degree Zero: Mathematical Presentation  we will show that demand function is homogeneous of degree zero in prices and money income. In o

what is the theory of second best ? prove the theorem with the help of a diagram .

how to find total revenue total cost approch in equilibrium firms

Within analysis of perfect competition, we distinguish between the short run and the long run on the basis that use of some input factors is fixed in the short run, but variable in

(i) When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3. (ii) Given the demand function 0.1Q - 10 +0.2P + 0.02P2 =0, calculate the price elasticity of