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The idea behind this seminar is to gather a wealth of opinions on both the global role of the services sector in the process of economic development and the role of each single service involved. It must be underlined that the settled belief according to
17. This is called the expected value of a risky event, where the expected value is the weighted average of the return associated with each possible outcome and the weights are the probabilities of each respective outcome. In this case, there are two possible returns: 1 (associated with the ...
American Economic Review, 94(2), 377–381. Article Google Scholar Goodwin, N. R., Nelson, J. A., Ackerman, F., & Weisskopf, T. E. (2005). Microeconomics in context. (Boston: Houghton Mifflin (2nd ed.). New York: M. E. Sharpe. 2008. Google Scholar Goodwin, N. R., ...