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On dynamic Knightian uncertainty models : time-consistency and optimal behavior
Bier, Monika - 2009
Diese Arbeit beschäftigt sich mit drei verschiedenen Fragestellungen bezüglich Zeitkonsistenz unter der Annahme von …
Persistent link: https://www.econbiz.de/10009452489
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Moralische Grundlagen der liberalen Demokratie : über die Notwendigkeit und Bestimmung liberaler Bürgertugenden
Egle, Christoph - 2000
Untersuchung nach den Bestandsbedingungen der liberalen Demokratie, speziell nach deren moralischen Grundlagen. Diese werden im … Demokratie ist. Das zweite Ziel der Arbeit liegt in der Beantwortung der Frage, wie diese moralischen Orientierungen (liberale …Numerous sociological studies describe the status of contemporary liberal democracy as frightening. Taking up these …
Persistent link: https://www.econbiz.de/10009476269
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Untersuchungen zum Schatzhaus im Neuen Reich ; The treasury in the New Kingdom
Khaled Ahmed Hamza Awad - 2002
Persistent link: https://www.econbiz.de/10010353183
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TRADE POLICY AND TIME CONSISTENCY IN AN OLIGOPSONISTIC WORLD MARKET
Gervais, Jean-Philippe; Lapan, Harvey E. - 1998
This paper investigates the strategic behavior between countries that have purchasing power on the world market for a certain good. Tariffs and quotas are not equivalent protection instruments in this oligopsonistic market. Policy active importers would be better off by colluding and setting...
Persistent link: https://www.econbiz.de/10009443115
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Essays in International Macroeconomics
Liu, Xuan - 2007
This dissertation consists of two essays in international macroeconomics. Thefirst essay shows that optimal fiscal and monetary policy is time consistent in astandard small open economy. Further, there exist many maturity structuresof public debt capable of rendering the optimal policy time...
Persistent link: https://www.econbiz.de/10009475504
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Estimation of Expected Returns, Time Consistency of A Stock Return Model, and Their Application to Portfolio Selection
Ma, Huaqiang - 2010
Longer horizon returns are modeled by two approaches, which have different impact on skewness and excess kurtosis. The Levy approach, which considers the random variable at longer horizon as the cumulants of i.i.d random variables from shorter horizons, tends to decrease skewness and excess...
Persistent link: https://www.econbiz.de/10009450698
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Merging of opinions under uncertainty
Bier, Monika; Engelage, Daniel - 2010
We consider long-run behavior of agents assessing risk in terms of dynamic convex risk measures or, equivalently, utility in terms of dynamic variational preferences in an uncertain setting. By virtue of a robust representation, we show that all uncertainty is revealed in the limit and agents...
Persistent link: https://www.econbiz.de/10009452571
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Characterization of time-consistent sets of measures in finite trees
Bier, Monika - 2010
In this paper we give an alternative characterization for time-consistent sets of measures in a discrete setting. For each measure \mathbb{P} in a time-consistent set \mathcal{P} we get a distinct set of predictable processes which in return decribe the \mathbb{P} uniquely. This implies we get a...
Persistent link: https://www.econbiz.de/10009452573
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Wie aussagefähig sind internationale Steuerbelastungsvergleiche von Investitionen? Eine Analyse am Beispiel der Studie von Jacobs / Spengel.
Enßlin, Ulrich - 1998
Die zwei Ansätze sind konzeptionell gesehen zweckmäßige Berechnungswege,115um ihregesteckten Ziele zu erreichen. Um die Rentabilitätswirkung der Steuersysteme zu messenund zu vergleichen, muß bei dem Ansatz der effektiven Grenzsteuerbelastung auf eineentscheidungsneutrale...
Persistent link: https://www.econbiz.de/10009471905
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An Investigation into the Impact of Income, Culture and Religion on Consumption Behaviour: A Comparative Study of the Malay and the Chinese Consumers in Malaysia
Fatt Sian, Lai - 2009
The study of consumer behaviour has attracted much attention from researchers.Models have been postulated and re-postulated in many attempts to explain thedecision process of consumers as it changes over time and space, as well as indifferent environments such as culture, race and religion. The...
Persistent link: https://www.econbiz.de/10009440942