Showing 1 - 10 of 186
What matters to economic decision-making is whether the economy has become more or less predictable. People and businesses use information around them to form judgements about what might happen in the future. The rise in uncertainty might be associated with increased concern about extreme...
Persistent link: https://www.econbiz.de/10012866688
consumer toward risk, time preference, and intertemporal substitution. The null hypothesis is that a growing government sector … does not affect the consumer's behavior, and the alternative is that it causes him to become less risk averse, more …
Persistent link: https://www.econbiz.de/10011107306
risk neutral probabilities associated an adjustment to asymmetrical views. …
Persistent link: https://www.econbiz.de/10011107373
In this paper we show that the wildly popular Holt and Laury (2002) risk preference elicitation method confounds … estimates of the curvature of the utility function, the traditional notion of risk preference, with an estimate of the extent to … that our new method yields significantly different levels of implied risk aversion than the Holt and Laury task even after …
Persistent link: https://www.econbiz.de/10011107621
Decisions of investing in sovereign assets involve both risk and ambiguity. Ambiguity arises from unknown elements …
Persistent link: https://www.econbiz.de/10011107677
between systemic risk and information asymmetries – hence the justification for greater focus on information channels as well …
Persistent link: https://www.econbiz.de/10011107937
The entire market of Polish financial broker-dealer was examined. The research was conducted on the first year of implementation of the capital requirements disclosure. There was identified a relation between accounting and supervisory disclosure requirements. A relation between audit opinions...
Persistent link: https://www.econbiz.de/10011108192
(including external risk factors); the policy implications of this analysis are projected after evaluating two fundamental issues …
Persistent link: https://www.econbiz.de/10011108272
Despite the fact that conceptual models of individual decision making under risk are deterministic, attempts to … econometrically estimate risk preferences require some assumption about the stochastic nature of choice. Unfortunately, the … inferences about structural risk preferences across the competing specifications. Overall, a mixture model combining the two …
Persistent link: https://www.econbiz.de/10011108341
symptoms of danger: Any public opinion data that show significant correlations between perceptions of fact (risk, trust etc …
Persistent link: https://www.econbiz.de/10011108400