Narrow search
Showing 1 - 10 of 2,366
Cover Image
On measuring uncertainty : snakes and ladders
Junankar, Pramod N. - 2016
although risk can be measured, uncertainty cannot be measured. Even though risk can be measured, a simple symmetric measure … attempt at "measuring" risk or (fundamental) uncertainty is flawed. …
Persistent link: https://www.econbiz.de/10011543578
Cover Image
The impact of fine size and uncertainty on punishment and deterrence : theory and evidence from the laboratory
Feess, Eberhard; Schildberg-Hörisch, Hannah; Schramm, … - 2015
hypotheses derived from the theory. …
Persistent link: https://www.econbiz.de/10011347317
Cover Image
The optimal minimum wage with regulatory uncertainty
Bennett, John; Chioveanu, Ioana - 2015
For two different regulatory standards, we examine the optimal minimum wage in a competitive labour market when the government is uncertain about supply and demand. Solutions are related to underlying supply and demand conditions, and the extent of uncertainty and of rationing efficiency. We...
Persistent link: https://www.econbiz.de/10011407940
Cover Image
Navigating ambiguity : imprecise probabilities and the updating of disease risk beliefs
Kerwin, Jason; Pandey, Divya - 2023
Probabilistic risk beliefs are key drivers of economic and health decisions, but people are not always certain about … measurable separately from the levels of risk beliefs. People with higher levels of imprecision update their beliefs more in …
Persistent link: https://www.econbiz.de/10014390526
Cover Image
Macroeconomic derivatives : an initial analysis of market-based macro forecasts, uncertainty and risk
Gürkaynak, Refet S. (contributor);  … - 2005
. Finally we assess the role of risk, finding little evidence that risk-aversion drives a wedge between market prices and …
Persistent link: https://www.econbiz.de/10003227221
Cover Image
Pandemic-era uncertainty
Meyer, Brent; Mihaylov, Emil; Barrero, Jose Maria; … - 2022
national security as of March 2022. Fourth, firm-level risk perceptions skewed heavily to the downside in spring 2020 but …
Persistent link: https://www.econbiz.de/10013186704
Cover Image
How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior
Balafoutas, Loukas; Sutter, Matthias - 2019
Tournament incentives prevail in labor markets. Yet, the number of tournament winners is often unclear to competitors. While it is hard to measure how this uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We present a...
Persistent link: https://www.econbiz.de/10012015779
Cover Image
Political selection when uncertainty is high
Baskaran, Thushyanthan; Hessami, Zohal; Khasanboev, … - 2022
Do voters place their trust in tried and tested leaders when uncertainty is high or do they prefer a new slate of leaders who are arguably more competent? To study this question, we make use of hand-collected data on 402,385 candidates who competed in open-list local council elections...
Persistent link: https://www.econbiz.de/10013347142
Cover Image
Why pay taxes when no one else does?
Epstein, Gil S.; Gang, Ira N. - 2009
present a model which incorporates elements from the theory of information cascades with the standard model of tax evasion and …
Persistent link: https://www.econbiz.de/10003832265
Cover Image
Gender differences in risk aversion and ambiguity aversion
Borghans, Lex; Golsteyn, Bart H.H.; Heckman, James J.; … - 2009
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing … of cognition. Women are more risk averse than men. Over an initial range, women require no further compensation for the … as men. Psychological variables account for some of the interpersonal variation in risk aversion. They explain none of …
Persistent link: https://www.econbiz.de/10003808595