We instillate rational cognition and learning in seemingly riskless choices and judgments. Preferences and possibilities are given in a stochastic sense and based on revisable expectations. the theory predicts experimental preference reversals and passes a sharp econometric test of the…

The paper investigates the pricing of derivative securities with calendar-time maturities.

In the presence of moral hazard, received agency theory predicts the Marshallian inefficiency of agricultural tenancy contracts, meaning that inputs per hectare on sharecropped land will differ from that on owned land. in this paper, we test for the presence…

In this article we study the effect of uncertainty on an entrepreneur who must choose the capacity of his business before knowing the demand for his product. The unit profit of operation is known with certainty but there is no…

The role of parents within special education teacher preparation programs has been widely recognized. Traditional approaches for preparing special educators to interact with parents of children with special needs have been mainly classroom based promoting a narrow view of the…

Las competencias representan el despliegue de una forma de razón que anula el "yo pienso" y "cómo yo explico" que debe darse en el diálogo de saberes como expresión intersubjetiva. En este contexto, el proceso tradicional de evaluación está vinculado…

We consider a one-dimensional jumping Markov process, solving a Poisson-driven stochastic differential equation. We prove that the law of this process admits a smooth density for all positive times, under some regularity and non-degeneracy assumptions on the coefficients of the…

Abstract. For a recurrent linear diffusion on the positive real axis we study the asymptotics of the distribution of its local time at 0 as the time parameter tends to infinity. Under the assumption that the Lévy measure of the…

The aim of this paper is to discuss the definition and the parameters of parental involvement. It looks at the psychological aspect of the term (i.e. from the point of view of the individual parent) while it recognizes the importance…

The Greek educational system is highly centralized and the communication between parents and teachers is considered as a marginal or a grey area in the school function. Educational legislation favours parents’ involvement rather than participation and implies an imbalance between…