In the wake of financial crises and periods of high volatility, economists have struggled to fully explain persistent asset price misalignments and growing wealth inequality using traditional models ...
Ambiguity aversion – the tendency to avoid options with uncertain probability distributions – has emerged as a central concept in understanding investor behaviour and decision making in financial ...
2019 JUN 20 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- A new study on Risk Management is now available. According to news originating from Taichung, Taiwan, by NewsRx ...
A new climate-economy model reported in Risk Sciences examines how ambiguity about key climate and economic factors shapes carbon abatement decisions. The study focuses on three sources of ...
Ambiguity sensitive preferences must fail either Consequentialism or Dynamic Consistency (DC), two properties that are compatible with subjective expected utility and Bayesian updating, while forming ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results