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The phenomenon can be explained by prospect theory's idea that subjects value gains and losses relative to a reference point like the purchase price (PP), and that they are risk-seeking in the domain of possible losses and risk-averse when a certain gain is obtainable.
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Technical factors like these are important in a world in which volatility is rampant and stocks move in ways that can't really be explained by changes in their earnings prospects.
Subgroup analyses revealed that these weak associations were consistent for all lipid SNPs and could not be explained by medication use, sex or a difference between the MORGEN and Prospect study.
Not all clinical outcomes can be explained by these potential biomarkers, which make identification of other markers possibly associated with clinical outcome an attractive prospect.
Our application, which integrates reference based utility models with elements of prospect theory and the disappointment model, helps in explaining the large premium attached to MBG contracts that cannot be explained by the expected utility framework.
This can be explained by different scenarios.
This could be explained by human selection.
This can be explained by multiple possibilities.
The effects of seniority can be explained by the fact that the more experience health officers have in their field, the more familiar they are with the realities and their professional prospects.
Some of that is explained by the fact many of the jobs being created are in low-paying, low-skilled work where there is little prospect of promotion.
The findings confirm that Greek outward FDI is explained by the same set of factors that have been found to explain such activity elsewhere, and that for Greek firms holding a competitive advantage future prospects seem secure.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com