Research ArticleOpen accessPhrase in the titleThe use of Expected Utility Theory (EUT) in Taxpayers' Behaviour ModellingFarid Ameur, Mohamed TkiouatIn this study, we analyze taxpayers' behaviour regarding tax system. We present a theoretical study of a model pre established by other authors based on the expected utility theory; taxpayer's behavior is assumed to be risk-averse. We have released some conditions of this model and we have introduced a new parameter reflecting the efficiency of tax control; we found that … …American Journal of Applied Sciences, Vol. 14, Issue 2 · 5 Feb 2017 · 7,522 accessesView PDFCite
Research ArticleOpen accessIn the keywordsAn Experimental Study of Petty Corrupt Behaviour in Small Decision Making ProblemsTakemi FujikawaThis research discusses small decision making problems and petty corruption as their practical applications with a structured economic experiment. One of examples of petty corruption considered includes demands for petty bribes by traffic officials followed by police. We examine that it is caused by subjective underweighting of rare events and its objective probabilities. This literature reports results of an experiment, … …American Journal of Applied Sciences, Vol. 2, Issue 13 · 3 Dec 2005 · 8,105 accessesView PDFCite
Review ArticleOpen accessIn the abstract“Defiant”, a Today Unique Helicopter in the WorldRelly Victoria Virgil PetrescuYou do not see helicopters like this every day. Sikorsky-Boeing SB1 Defiant in his first demonstration flight showed that it is much more than just a fancy design on paper as he could initially think, with a first relevant flight demonstration. The initial flight lasted less than 30 min, enough time for Defiant to prove he can climb and descend … …Journal of Aircraft and Spacecraft Technology, Vol. 3, Issue 1 · 15 Apr 2019 · 6,841 accessesView PDFCite
Research ArticleOpen accessIn the abstractA Mean-Variance Portfolio Optimal Under Utility PricingHürlimann WernerAn expected utility model of asset choice, which takes into account asset pricing, is considered. The obtained portfolio selection problem under utility pricing is solved under several assumptions including quadratic utility, exponential utility and multivariate symmetric elliptical returns. The obtained unique solution, called optimal utility portfolio, is shown mean-variance efficient in the classical sense. Various questions, including conditions for complete … …Journal of Mathematics and Statistics, Vol. 2, Issue 4 · 31 Dec 2006 · 6,172 accessesView PDFCite