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Mit dem risikowirtschaftlichen Modell verfolgen die Autoren das Ziel, den gesamtwirtschaftlichen Zusammenhang zwischen Unternehmensfinanzierung, Kapitalstockbildung, Einkommensbildung und Beschäftigung herauszuarbeiten. Ausgehend von der Frage, unter welchen Bedingungen die Kapitalstruktur...
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This is the first book to investigate the pessimistic and optimistic perceptions of the future and their economic consequences, based on sound mathematical foundations. The book focuses on fundamental uncertainty (Knightian uncertainty), where the probability distribution governing uncertainty...
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Detailed surveys examine risk and uncertainty, from classical and foundational work through current developments …. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance …
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