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Entscheidungen unter Berücksichtigung des Zeitbezuges der Konsequenzen

Ahlbrecht, Martin - 1996

Persistent link: https://www.econbiz.de/10012699261

Gollier, Christian (ed.) - 2018

Joseph Stiglitz (1970), 'Increasing Risk: I. A Definition', Journal of Economic Theory, 2 (3), September, 225-43 -- 5. Paul A …), 'First Order Versus Second Order Risk Aversion', Journal of Economic Theory, 51 (1), June, 111-25 -- 31. Matthew Rabin (2000 …), 'Risk Aversion and Expected-Utility Theory, A Calibration Theorem' Econometrica, 68 (5), September, 1281-92 -- 32. Menahem E …

Persistent link: https://www.econbiz.de/10012251678

Mining and Quasi-Option Value

Costello, Christopher - 2015

We study the timing-of-extraction problem facing a decentralized mine owner when extraction entails environmental damage. As expected, when the environmental damage from mining is known, the socially optimal timing will depend on the magnitude of the damage relative to these costs in the rest of...

Persistent link: https://www.econbiz.de/10012457342

The cost of delay as risk measure in target-based multi-period portfolio selection models

Liu, Jia; Chen, Zhiping; Consigli, Giorgio - In: IMA journal of management mathematics 35 (2024) 3, pp. 345-377

Persistent link: https://www.econbiz.de/10014634191

How Long to Eat a Cake of Unknown Size? Optimal Time Horizon Under Uncertainty

Kumar, Ramesh C. - 2002

This paper is concerned with the determination of the optimal time horizon for the cake-eating problem under uncertainty. It is shown that if the uncertain exhaustible resource stock is a discrete random variable admitting at most a finite number of values, the optimal planning horizon is...

Persistent link: https://www.econbiz.de/10014105107

Time, expectations and uncertainty in economics : selected essays

Shackle, George L. S. - 1990

Persistent link: https://www.econbiz.de/10013551219

The economics of time and ignorance

O'Driscoll, Gerald P. - 1985

Persistent link: https://www.econbiz.de/10013501340

Fundamental Uncertainty, Portfolio Choice, and Liquidity Preference Theory

Campanella, Edoardo - 2011

One of Keynes' core issues in his liquidity preference theory is how fundamental uncertainty affects the propensity to …

Persistent link: https://www.econbiz.de/10013132176

What Can We Learn about Frank Knight’s Economic Theory from the Prefaces to the Reprints of Risk, Uncertainty and Profit?

Emmett, Ross B. - 2020

Frank H. Knight's classic, Risk, Uncertainty and Profit, became a standard textbook and reference for students at the … editions by the LSE as well as for three foreign language editions. These prefaces both reflect the living legacy of Risk …, Uncertainty and Profit in the teaching of economics as well as summarizing the changes in his views on economic method, theory and …

Persistent link: https://www.econbiz.de/10012849198

Affective Portfolio Analysis : Risk, Ambiguity and (IR)Rationality

Brown, Donald - 2019

's composite preferences for risk tolerance, ambiguity aversion and optimism. Investors rationalize (IR)rational expected utilities …

Persistent link: https://www.econbiz.de/10012862320