Showing 71,491 - 71,500 of 73,314
, and the costs of dealing with the added regulatory uncertainty that is produced by imperfect compliance. …
Persistent link: https://www.econbiz.de/10011162969
Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in … recessions, and that uncertainty in initial output gap estimates persists several years. Only a small share of output gap …
Persistent link: https://www.econbiz.de/10011163120
uncertainty in earnings in general makes an ICL the preferred system for risk averse individuals, while risk neutral individuals …
Persistent link: https://www.econbiz.de/10011165270
We use a copula approach to investigate the effect of uncertainty on crude-oil returns. Using copulas to construct … time-varying effect of equity and economic policy uncertainty on oil returns. The results show that higher uncertainty, as … measured by equity and economic policy uncertainty indices, significantly increase crude-oil returns only during certain …
Persistent link: https://www.econbiz.de/10011165591
generally considers stabilization targets under certainty equivalence. Using an integrated assessment model with uncertainty … the range of feasible targets and show that in general, climate change has too much uncertainty and inertia to be … controlled with the precision implied by stabilization targets. We find that uncertainty exacerbates the welfare cost of …
Persistent link: https://www.econbiz.de/10011166144
measure and value uncertainty which are critical steps in decision making, real options are scarcely used in practice. The …
Persistent link: https://www.econbiz.de/10011166357
technique for training translators which may be effectual in increasing student’s uncertainty management and solving problems …. Uncertainty is an estate of indecision in the process of translation, and it is closely related to solving problem and uncertainty … argues students who were using think-aloud protocols to verbalize the text may present better uncertainty management in their …
Persistent link: https://www.econbiz.de/10011166968
emerging markets investigated reduces the stock market volatility, attributed to decrease in uncertainty about government …). Overall, our results suggest that stock price volatility decreases as the uncertainty about government policy becomes more …
Persistent link: https://www.econbiz.de/10011056983
We consider continuous-time Markov kinetics with a finite number of states and a positive equilibrium P∗. This class of systems is significantly wider than the systems with detailed balance. Nevertheless, we demonstrate that for an arbitrary probability distribution P and a general system...
Persistent link: https://www.econbiz.de/10011059982
A probability weighting function w(p) for an objective probability p in decision under risk plays a pivotal role in Kahneman–Tversky prospect theory. Although recent studies in econophysics and neuroeconomics widely utilized probability weighting functions, psychophysical foundations of the...
Persistent link: https://www.econbiz.de/10011060889