symptoms of danger: Any public opinion data that show significant correlations between perceptions of fact (risk, trust etc …

This paper analyzes the impact of risk and ambiguity aversion - Knightian uncertainty - on the choice of optimal … aversion while it is a non-monotonic function of the level of risk. For low levels of risk, the increase of product quality is … an efficient response. Up to certain threshold level of risk, risk and ambiguity aversion reduce the optimal quality …

-surplus regions suggest that in situations where all producers are subjected to a common source of risk (e.g. rainfall): I …

The research estimates a competing risk model of mortgage terminations on a sample of UK securitized subprime mortgages …

In this paper we generalize the heterogeneous risk adverse agents model of diffusion of new products in a multi …

Credit risk is crucial to understanding banks' production technology and should be explicitly accounted for when … modeling the latter. The banking literature has largely accounted for risk by using ex-post realizations of banks' uncertain … outputs and the variables intended to capture risk. This is equivalent to estimating an ex-post realization of bank …