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This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment …, financial imperfections and uncertainty. After reviewing the capital market imperfections literature and the empirical results …, the authors discuss both traditional investment models with uncertainty and the more modern option based models. They …
Persistent link: https://www.econbiz.de/10014473824
adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new … extension to the standard neo-classical economic tools. Capital and Uncertainty is a non-mathematical text, modernizing and …
Persistent link: https://www.econbiz.de/10014473863
Despite their common emphasis upon uncertainty as a key economic variable, Frank Knight and John Maynard Keynes viewed … differing views regarding the role of economic theory as applied to the real world. William Greer reveals that the intellectual … role in ensuring the smooth operation of a system of otherwise free markets. Ethics and Uncertainty explores how two …
Persistent link: https://www.econbiz.de/10014474106
making under uncertainty, based on the work of George Shackle …. Environmental uncertainty -- 4. Uncertainty and decision making -- 5. The Shackle model -- 6. Case study : the Belize Southern …This thought provoking book is concerned with the need to deal adequately with uncertainty in environmental decision …
Persistent link: https://www.econbiz.de/10011851362
, the nature and role of markets, and the theory of institutional evolution. The book not only outlines cutting …
Persistent link: https://www.econbiz.de/10012420017
in the field such as profound uncertainty and the significance of knowledge in economics. This coherent and focused book … will appeal to a wide variety of scholars involved in evolutionary and institutional economics, and evolutionary theory. It …
Persistent link: https://www.econbiz.de/10014474051
settings in many countries are projected to lead to unsustainable levels of public debt; Tax Policy and Uncertainty explores … models that allow for feedbacks and uncertainty to combat this. Applicable to any country, the models in the book explore the … projections, including probability distribution of debt ratios at each point in time. It also offers important analysis of fiscal …
Persistent link: https://www.econbiz.de/10012416712
Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book …
Persistent link: https://www.econbiz.de/10012420009
One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international trade rules. The book is divided into sections dealing with:...
Persistent link: https://www.econbiz.de/10011851983
: Theory and Practice 1, Amsterdam, Holland, New York, NY and Oxford, UK: North-Holland Publishing Company, 203-26 -- Peter K … Edition, McGraw-Hill. -- Lando, D. (2004), Credit Risk Modeling: Theory and Applications, Princeton University Press …), "The Cost of Capital, Corporation Finance and the Theory of Investment," American Economic Review, 48, 261-297. -- Nelson …
Persistent link: https://www.econbiz.de/10011852322