{"content":{"sharePage":{"page":0,"digests":[{"id":"48146504","dateCreated":"1323827742","smartDate":"Dec 13, 2011","userCreated":{"username":"Matt_Gray1","url":"https:\/\/www.wikispaces.com\/user\/view\/Matt_Gray1","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/48146504"},"dateDigested":1532762621,"startDate":null,"sharedType":"discussion","title":"review","description":"Very concise, definitions and required equations are clearly laid out. This wiki could have used some more real world examples, but otherwise, covers the required topics. Good reference articles are provided.","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47780696","dateCreated":"1323297576","smartDate":"Dec 7, 2011","userCreated":{"username":"amdevoss","url":"https:\/\/www.wikispaces.com\/user\/view\/amdevoss","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47780696"},"dateDigested":1532762621,"startDate":null,"sharedType":"discussion","title":"Risk Aversion","description":"http:\/\/www.ece.wisc.edu\/~dobson\/PAPERS\/bhattHICSS05.pdf<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47558136","dateCreated":"1323050335","smartDate":"Dec 4, 2011","userCreated":{"username":"Matt_Gray1","url":"https:\/\/www.wikispaces.com\/user\/view\/Matt_Gray1","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47558136"},"dateDigested":1532762622,"startDate":null,"sharedType":"discussion","title":"Risk and the Economy","description":"Tim Geithner on risk aversion as a risk to the economy:
\n
\nhttp:\/\/online.wsj.com\/article\/SB10001424052970203388804576614842318391466.html<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47396246","dateCreated":"1322790141","smartDate":"Dec 1, 2011","userCreated":{"username":"dpkreitl","url":"https:\/\/www.wikispaces.com\/user\/view\/dpkreitl","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47396246"},"dateDigested":1532762622,"startDate":null,"sharedType":"discussion","title":"Alternative Investments for Risk Lovers","description":"http:\/\/www.netplaces.com\/investing\/alternative-investments-for-risk-lovers\/<\/a>
\nThought the above link was interesting...","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47036034","dateCreated":"1322429479","smartDate":"Nov 27, 2011","userCreated":{"username":"kmwesterfiel","url":"https:\/\/www.wikispaces.com\/user\/view\/kmwesterfiel","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47036034"},"dateDigested":1532762622,"startDate":null,"sharedType":"discussion","title":"Scholarly Article - Optimal Search","description":"Here is a scholarly article about optimal search and the best strategy when faced with multiple options. Hope it helps!
\n
\nhttp:\/\/www.jstor.org\/pss\/1910412<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"45354732","dateCreated":"1320104584","smartDate":"Oct 31, 2011","userCreated":{"username":"JASCHAEFER","url":"https:\/\/www.wikispaces.com\/user\/view\/JASCHAEFER","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/45354732"},"dateDigested":1532762622,"startDate":null,"sharedType":"discussion","title":"Risk Aversion","description":"Current case of risk aversion:
\nhttp:\/\/www.businessday.co.za\/articles\/Content.aspx?id=157426<\/a>","replyPages":[{"page":0,"digests":[{"id":"46293480","body":"Thanks so much! I definitely noticed as the economy began to decrease all over the world-- those countries all had risk-related stories about them.","dateCreated":"1321319351","smartDate":"Nov 14, 2011","userCreated":{"username":"aeroederer","url":"https:\/\/www.wikispaces.com\/user\/view\/aeroederer","imageUrl":"https:\/\/www.wikispaces.com\/user\/pic\/1318295145\/aeroederer-lg.jpg"}}],"more":0}]},{"id":"45310678","dateCreated":"1320063397","smartDate":"Oct 31, 2011","userCreated":{"username":"Hornbaker","url":"https:\/\/www.wikispaces.com\/user\/view\/Hornbaker","imageUrl":"https:\/\/www.wikispaces.com\/user\/pic\/1316446772\/Hornbaker-lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/45310678"},"dateDigested":1532762622,"startDate":null,"sharedType":"discussion","title":"Bob Corker, Risk Lover","description":"This is an interesting read...
\n
\nhttp:\/\/economicsofcontempt.blogspot.com\/2010\/02\/bob-corker-risk-lover.html<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"44814848","dateCreated":"1319402949","smartDate":"Oct 23, 2011","userCreated":{"username":"aeroederer","url":"https:\/\/www.wikispaces.com\/user\/view\/aeroederer","imageUrl":"https:\/\/www.wikispaces.com\/user\/pic\/1318295145\/aeroederer-lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/44814848"},"dateDigested":1532762622,"startDate":null,"sharedType":"discussion","title":"Risk Lover","description":"This defines an investor that who is willing to take on an investment even knowing that it has little return.","replyPages":[{"page":0,"digests":[{"id":"44815118","body":"This is a stark difference for most investors who prefer risk aversion (which will be a topic of discussion in the upcoming weeks).","dateCreated":"1319403304","smartDate":"Oct 23, 2011","userCreated":{"username":"aeroederer","url":"https:\/\/www.wikispaces.com\/user\/view\/aeroederer","imageUrl":"https:\/\/www.wikispaces.com\/user\/pic\/1318295145\/aeroederer-lg.jpg"}}],"more":0}]},{"id":"43996132","dateCreated":"1318294890","smartDate":"Oct 10, 2011","userCreated":{"username":"aeroederer","url":"https:\/\/www.wikispaces.com\/user\/view\/aeroederer","imageUrl":"https:\/\/www.wikispaces.com\/user\/pic\/1318295145\/aeroederer-lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/43996132"},"dateDigested":1532762622,"startDate":null,"sharedType":"discussion","title":"Risk Aversion Has the Economy Frozen Stiff ","description":"Economist Robert Litan of the Kauffman Foundation likes to recall that half of today's Fortune 500 companies began as startups in a recession or a bear stock market. And why not? During a recession, it's cheaper to hire new workers, rent office space, buy supplies.
\n
\nBut Litan suspects the same process may not be working now. In contrast to earlier slumps, when the number of startups barely fell, there's been a steep decline. From 2006 to 2009, startups dropped 27%.
\n
\nThat's one cause of weak job creation, which depends heavily on startups.
\n
\n"It's not encouraging," says Litan. "It looks like more risk-aversion."
\n
\nAmericans see themselves as go-getters and risk-takers. Our optimism will ultimately rescue us. So it's said.
\n
\nBut the folklore increasingly collides with reality. The 2008-09 financial crisis traumatized millions. It swelled the ranks of risk-avoiders, worrywarts and victims. Of course, this was mainly a reaction to overborrowing, inflated home values and lost jobs. But now the fear factor is feeding on itself \u2014 and it's smothering the recovery.
\n
\nWe are prisoners of our rotten mood. Everywhere, the bias is to spend less and wait to see how things turn out. Just as optimism sustained the boom, pessimism prolongs the bust. This is the reverse of "irrational exuberance," because as long as most people feel this way, the psychology is self-fulfilling. Unfortunately, that's how they feel.
\n
\nConsider:
\n
\nConsumers: Confidence surveys show the longest streak of low ratings on record. The Conference Board index, based on people's outlook and buying plans, usually registers between 120 and 140 in good times. The latest reading (August) was 44.5; the low was 25.3 in February 2009.
\n
\n"We've never seen it drop so low and stay so low," says the Conference Board's Ken Goldstein.
\n
\nCorporate managers: As is well known, large companies have $2 trillion of cash and securities, up $520 billion since year-end 2007. That's money firms could use to hire and invest in plants or new products \u2014 if managers were more confident. Instead, they're stockpiling funds against another financial crisis.
\n
\nSmall-business managers: "These are the most depressed numbers in history," says Holly Wade of the National Federation of Independent Business, whose optimism index started in 1974. Only 11% of firms expect to hire in the next three months. Small companies (500 workers or less) represent half of all employment.
\n
\nInvestors: Stock values reflect low expectations of future profits. Today's P\/E is 13.8 for the Standard & Poor's 500 stock index, well below the average of 18 from 1950 to 2011.
\n
\n
\nhttp:\/\/www.investors.com\/NewsAndAnalysis\/Article\/586820\/201110031835\/Risk-Aversion-Has-Economy-Frozen-Stiff.aspx<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]}],"more":false},"comments":[]},"http":{"code":200,"status":"OK"},"redirectUrl":null,"javascript":null,"notices":{"warning":[],"error":[],"info":[],"success":[]}}