Showing 1 - 10 of 2,589
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. … surge in the stock market would be self-correcting. Recent papers have discussed the role of "uncertainty" and its …
Persistent link: https://www.econbiz.de/10011543578
Persistent link: https://www.econbiz.de/10012610550
Persistent link: https://www.econbiz.de/10014540720
robustness under risk aversion and ambiguity aversion. We aim to understand the potential consequences of deeply uncertain … chain-level preparedness to aggregate shocks. Augmenting a parsimonious supply chain model with uncertainty, we analyse the … relationship between the upstream sourcing decisions and the supply chain survival probability. Both risk-averse and ambiguity …
Persistent link: https://www.econbiz.de/10014520125
-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude … is comparable to numeric models used in policy advising. Uncertainty surrounding climate change remains large. The closed …, distributional moments, and the climatic shadow values. Welfare gains from reducing uncertainty about temperature feedbacks are much …
Persistent link: https://www.econbiz.de/10011305430
of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk …This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the … role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success …
Persistent link: https://www.econbiz.de/10010234539
uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We … willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous …
Persistent link: https://www.econbiz.de/10011719839
uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We … willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous …
Persistent link: https://www.econbiz.de/10011722124
Persistent link: https://www.econbiz.de/10011607324
Persistent link: https://www.econbiz.de/10011595859