Ex-Ante Risk Estimation in the Production Project

Production Risk and the Estimation of Ex Ante Cost Functions

Cost function estimation under production uncertainty is problematic because the relevant cost is conditional on unobservable expected output. If input demand functions are also stochastic, then a nonlinear errors-in-variables model is obtained and standard estimation procedures typically fail to attain consistency. But by exploiting the full implications of the expected profit maximization hyp...

An ex ante control chart for project monitoring using earned duration management observations

In the past few years, there has been an increasing interest in developing project control systems. The primary purpose of such systems is to indicate whether the actual performance is consistent with the baseline and to produce a signal in the case of non-compliance. Recently, researchers have shown an increased interest in monitoring project’s performance indicators, by plotting them on the S...

A framework for ex ante project risk assessment based on absorptive capacity

This paper explores the applicability of the concepts of absorptive capacity and ‘‘ba’’ to ex ante project risk. We develop a hybrid framework to explain knowledge transfer based on these concepts—one that proposes a hybrid transference process. We then apply this framework to develop a methodology and metric for assessing ex ante software project risk, the risk that a new technology introduced...

A New Method for Estimation of Ex ante Equity Risk Premiums

Ex - ante and ex - post strong correlated

A strong correlated equilibrium is a strategy pro le that is immune to joint deviations. Di erent notions of strong correlated equilibria were de ned in the literature. One major di erence among those de nitions is the stage in which coalitions can plan a joint deviation: before (ex-ante) or after (ex-post) the deviating players receive their part of the correlated pro le. In this paper we prov...