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Social and Behavioral Sciences Commons

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Economics

Theses and Dissertations

Decision making

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Full-Text Articles in Social and Behavioral Sciences

Causes And Consequences Of Risk Aversion In Middle Adulthood, Nataliya Rubinchik May 2016

Causes And Consequences Of Risk Aversion In Middle Adulthood, Nataliya Rubinchik

Theses and Dissertations

I analyze how risk aversion may affect decision-making over time, what effects risk aversion may have on decisions, and whether one’s level of risk aversion varies over time. I find that risk preferences correlate with certain maternal factors, income, depression, and ethnicity. Risk aversion correlates with financial and health decisions.


Evaluating Alternatives For Drinking Water At Deployed Locations, Brian S. Hughes Mar 2006

Evaluating Alternatives For Drinking Water At Deployed Locations, Brian S. Hughes

Theses and Dissertations

Because of potential improvements to water security and cost savings, military decision makers may want to consider new means of providing potable water to Airmen in deployed locations. Drilling for water and field bottling show great potential because of the increased security and lower per unit cost when compared to bottled water from approved sources. However, the selection of the best means to supply water is a hard decision which must balance multiple objectives (e.g., security, palatability, and convenience) against limited resources (e.g., cost, airlift, trucks, and personnel). A multi-objective decision analysis model quantifies a decision-maker's values regarding the many …


Using Value-Focused Thinking To Evaluate The Effectiveness Of Air Force Utility Privatization, Carlos Braziel Mar 2004

Using Value-Focused Thinking To Evaluate The Effectiveness Of Air Force Utility Privatization, Carlos Braziel

Theses and Dissertations

The majority of the Air Force s stateside utility systems are old, obsolete, and unreliable. The cost to upgrade and repair these systems is currently estimated at over $4 billion. In response, the Air Force began efforts to convey ownership of these utility systems to the private sector through privatization efforts. However, privatization critics believe that newly privatized entities of government will cost the public more money and provide a lower level of service. Therefore, independent audits are a necessity to ensure government initiatives, meet their intended goals. However, the Air Force currently lacks an effective auditing tool to ensure …