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When they meet, it's aversion at first sight.
"The worst consequence of any Greek sovereign default for German and other European banks would be a sharp increase in general capital market and creditor risk aversion at a time when many banks are still in rehabilitation mode," Michael Dawson-Kropf, an analyst at Fitch based in Frankfurt, said in an e-mail.
Provided that an agent's utility function u(x) is twice continuously differentiable, her risk aversion at any point x can be measured as −u′′(x)/u′(x).
Yet theres no aversion at the Vienna, Va.-based outfit, which has $440 million under management, to making money off opportunities that the government creates, namely through red tape.
We found that total optimal coverage increased significantly with the level of risk of aversion at lower deductibles but as deductible level increased, the level of risk aversion had a lesser impact on total optimal coverages.
Meanwhile, l-THP could not induce conditioned place aversion at doses of 1.25 mg/kg to 20.0 mg/kg in mice, but it could attenuate the acquisition and expression of METH-induced CPP and facilitate the extinction of METH-induced CPP in mice.
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New regulatory requirements and escalating risk-aversion at the FDA which have increased the time and expense required to get drugs to market also threaten the pharmaceutical industry.
LiCl did not induce place aversions at any dose with LiCl- and vehicle-treated subjects displaying comparable preferences for the drug-paired side.
As observed, there is hardly any change in risk-aversion at lower energy reserves (adiposity), but a fall in risk-aversion if energy reserves are higher.
The "Ted spread", the gap between three-month dollar LIBOR and the Treasury-bill rate, and a good indicator of risk aversion, stood at 4.2% on October 15th; it hovered at just 20 basis points (a fifth of a percentage point) in early 2007.
It was significant that raw-material prices were battered on March 17th, when risk aversion was at its height.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com