article is to provide such a formal demonstration. We thus concentrate on the General Theory to verify how it constitutes a …

The capital market in Böhm-Bawerk's Positive Theory of Capital appears at several places. The last chapter of the book …

This article reconsiders the theory of existence of efficient allocations and equilibria when consumption sets are … unbounded below under the assumption that agents have incomplete preferences. It is motivated by an example in the theory of … assets with short-selling where there is risk and ambiguity. Agents have Bewley's incomplete preferences. As an inertia …

The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … some prior. It is shown that the more uncertainty averse and the more risk averse the agents, the more likely are efficient … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme …

disaster risk. We first build an analytical model that demonstrates how countries that face a low hazard of disasters are … increasing economic development. We then use a cross country panel dataset in conjunction with a risk exposure index to …

uncertainties over forecasting hypotheses. A mean to control such uncertainties lies in the introduction of risk in the Costs … under uncertainty mainly developed after Dixit and Pindyck (1994). The second one is more empirical and uses Monte Carlo … possibility of changes in transport policy. This uncertainty should be controlled. It is the role of strategic modeling. …

The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … some prior. It is shown that the more uncertainty averse and the more risk averse, the more likely are efficient … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme …

, which allow to take into account observed behaviors as in Allais' paradox under risk or Ellsberg's paradox under uncertainty … uncertainty, and Quiggin and Yaari under risk, succeeded to characterize preferences which generalize the EU model, by means of a … for more diversified patterns of behavior under uncertainty as well under risk. …