knowledge ahead faced under risk and uncertainty, namely models under the umbrella of SKAT, the Stages of Knowledge Ahead Theory …. -- nominalism ; money illusion ; heuristic ; unpredictability ; experiment ; SKAT the Stages of Knowledge Ahead Theory ; prominent …

We investigate how consumers respond to uncertainty about CO2 emission size. In an incentivized online experiment … optimistic about emissions are more responsive to information. We also test for the formation of self-serving beliefs. Contrary …

Assessments of investors' risk appetite/aversion stance via indicators often yields results which seem unsatisfactory … improvements. The present paper seeks to contribute to this evolution, focusing on the Global Risk Appetite Index (GRAI) class of …

This article estimates the coefficient of relative risk aversion for 75 countries using data on self-reports of … personal well-being from the 2006 Gallup World Poll. The analysis suggests that the coefficient of relative risk aversion …

In this paper we provide estimates of the coefficient of relative risk aversion for 80 countries using data on self … coefficient of relative risk aversion equals 1. We conclude that our result supports the use of the log utility function in …

risk (GPR) on corporate research and development (R&D) investment using newly developed indices. We find a negative … relationship between GPR and R&D investment. The R&D investment rapidly drops and rebounds several quarters after high GPR. The … determining R&D investment …

We present a monthly indicator of geopolitical risk based on a tally of newspaper articles covering geopolitical … tensions, and examine its evolution and effects since 1985. The geopolitical risk (GPR) index spikes around the Gulf War, after … geopolitical risk leads to a decline in real activity, lower stock returns, and movements in capital flows away from emerging …