He wasn't averse to theory construction, even if its outcome were potentially revisionary (see e.g., 1957: 1957.
That will not please the interference-averse Indians.In theory, there is no reason why America should hold better relations with modernising India hostage to those with failing Pakistan.
And yet I look at Darfur, and I still look at Rwanda, to some degree, and think, How could we have gone in there and stopped that slaughter?" McCain is known for being a gut thinker, averse to overarching doctrines or theory.
Although these professors like to sit around and talk all day about things like string theory, they seem averse to answer the questions that plague the common man.
(That statistic would seem to confirm the theory that risk-averse Broadway has more and more become an importer of pretested products, but that's a subject for another discussion).
Interestingly, we also find that multiple milestone payments are beneficial even when the licensor is risk-averse, contrary to standard contract theory results, which recommend that only an upfront payment should be used.
Phillips and Pohl (2012) used "economic profiling" to distinguish between risk-seeking and risk-averse lone wolves, while Phillips (2009) employed modern portfolio theory to show that that risk-averse terrorist groups should tend to exhibit a bias towards bombing and armed attack.
This study is aimed at exploring how decisions regarding structural safety are affected by the attitudes of the decision-maker toward risk using decision models, such as cumulative prospect theory, that allow risk-averse behaviors to be modeled.
Patients with life-threatening conditions sometimes appear to make risky treatment decisions as their condition declines, contradicting the risk-averse behavior predicted by expected utility theory.
Given the uncertain and expensive nature of long-term care, simple economic theory suggests that risk-averse individuals should purchase long-term care insurance.
