Similar Search Results

Individual attitudes and market dynamics towards imprecision

Huber, Christoph; Rose, Julia - 2019

experimental approach, we analyze the impact of risk, imprecision in probabilities (ambiguity), imprecision in outcomes, and a …In real world financial markets, dividend processes as well as fundamental values are governed by imprecision; neither …, we do not find any significant imprecision premia for imprecise probabilities. However, we do find significant and …

Persistent link: https://www.econbiz.de/10012140882

Tratamiento ordinal de las escalas cualitativas utilizadas por el Centro de Investigaciones Sociológicas

González del Pozo, Raquel; García-Lapresta, José Luis - In: Revista de Métodos Cuantitativos para la Economía y … 28 (2019), pp. 124-142

Qualitative scales formed by linguistic terms are used by different disciplines to determine preferences and different aspects of individuals' lives. Although it is usual to assign numbers to the response categories of scales, it is not suitable when individuals perceive different proximities...

Persistent link: https://www.econbiz.de/10014494466

Exactly What Happens After the Anscombe-Aumann Race? Representing Preferences in Vague Environments

Vierø, Marie-Louise - 2006

This paper derives a representation of preferences for a choice theory with vague environments; vague in the sense that the agent does not know the precise lotteries over outcomes conditional on states. Instead, he knows only a possible set of these lotteries for each state. Thus, this paper's...

Persistent link: https://www.econbiz.de/10011940708

Contracting in Vague Environments

Vierø, Marie-Louise - 2006

information (objective ambiguity), reflecting that real-world contracting often takes place under imprecise information. The …

Persistent link: https://www.econbiz.de/10011940720

Is conceptual vagueness an asset? Resilience research from the perspective of philosophy of science

Strunz, Sebastian - 2011

I analyze the research on social-ecological resilience from the perspective of philosophy of science in three steps. First, I explore to what degree resilience research exhibits conceptual vagueness. I find a wide spectrum of research, ranging from approaches relying on a concise conceptual...

Persistent link: https://www.econbiz.de/10010281767

Bait contracts

Vierø, Marie-Louise - 2009

The granting of stock options to employees who have negligible impact on company performance intuitively violates Holmstrom's (1979) sufficient statistic result. This paper revisits the sufficient statistic question of when to condition a contract on an outside signal in a principal-agent model...

Persistent link: https://www.econbiz.de/10010290354

Robustness and macroeconomic policy

Barlevy, Gadi - 2010

This paper considers the design of macroeconomic policies in the face of uncertainty. In recent years, several economists have advocated that when policymakers are uncertain about the environment they face and find it difficult to assign precise probabilities to the alternative scenarios that...

Persistent link: https://www.econbiz.de/10010292205

Impatience and uncertainty: Experimental decisions predict adolescents' field behavior

Sutter, Matthias; Kocher, Martin G.; Rützler, Daniela; … - 2010

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …

Persistent link: https://www.econbiz.de/10010294843

Patient autonomy and education in specific medical knowledge

Lukas, Daniel - 2010

two forms of ex-post decision making according to individual rationality: 1. ambiguity 2. uncertainty. An elaboration of …

Persistent link: https://www.econbiz.de/10010305467

Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior

Rützler, Daniela; Sutter, Matthias; Kocher, Martin G.; … - 2011

Persistent link: https://www.econbiz.de/10010305955

1
2
3
4
5
6
7
8
9
10
Next
Last