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normative theory as well. -- Bayesianism ; Bayesian learning ; decision theory ; expectations ; learning ; rational expectations … choices can be excluded on the basis of a decision maker's v. Neumann-Morgenstern utility function, her knowledge of past … ; rationality ; rationalizability ; subjectively expected utility theory ; subjective probability …
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investigating migrant selection can lead to misleading conclusions about the underlying economic incentives and behavioral models of …
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two approaches. The classical Bernoulli's rule rests on individual preferences while modern capital market theory offers a …
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In the last decade, stress tests have become indispensable in bank risk management which has led to significantly increased requirements for stress tests for banks and regulators. Although the complexity of stress testing frameworks has been enhanced considerably over the course of the last few...
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This study was prepared by Nadine Fabritz while she was working at the Ifo Institute for Economic Research in the Department for Human Capital and Innovation. It was completed in June 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in October...
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