必应词典为您提供ambiguity-aversion的释义,网络释义: 模糊趋避;不确定性规避;
网络模糊性厌恶 网络释义 1. 模糊性厌恶 4.模糊性厌恶(aversion to ambiguity) 模糊性厌恶指的是人们在熟悉与不熟悉之间倾向于选择熟悉。比如,假设有一家 公司… www.docin.com|基于5个网页
Gender differences in risk aversion and ambiguity aversion. Journal of the European Economic Association, 7(2Ǧ3), 649-658.Borghans, Lex, Bart H.H. Golsteyn, James J. Heckman, and Huub Meijers. 2009. "Gender Differ- ences in Risk Aversion and Ambiguity Aversion." Journal of the ...
et Wang M. (2012), "Can ambiguity aversion solve the equity premium puzzle? Survey evidence from international data", Finance Research Letters, 9, 63- 72.Rieger, Marc O., and Mei Wang. 2012. Can ambiguity aversion solve the equity premium puzzle? Survey evidence from international data. ...
Assuming universal ambiguity aversion, an extensive theoretical literature studies how ambiguity can account for market anomalies from the perspective of expected utility-based theories. We provide a systematic experimental assessment of ambiguity attitudes in different likelihood ranges, and in the gain doma...
This paper shows that this argument is not robust: ambiguity aversion can exacerbate the tension between the two kinds of risks to the point that classes of agents may not want to trade some financial assets. Thus, theoretically, the effect of ambiguity aversion on financial markets is to make...
Inspired by Buchak's (2017) argument that we should take people behind the veil to adopt the most risk averse attitude within reason, I shall argue, first, that ambiguity aversion is a form of risk aversion,3 and, consequently, that we should assume that people behind the veil are averse...
Ambiguity aversion has been used to explain a wide range of phenomena in law and policy: incomplete contracts, stock market volatility, abstention from voting, and why prosecutors offer and defendants accept harsh plea bargains. This paper presents evidence problematizing the experimental basis for a...
内容提示: ORIGINAL PAPERRisk, Loss, and Ambiguity Aversionafter a Natural DisasterRobert Shupp 1 & Scott Loveridge 1 & Mark Skidmore 1 &Jungmin Lim 1 & Cynthia Rogers 2Received: 3 February 2017 /Accepted: 27 June 2017 /Published online: 10 July 2017# Springer International Publishing AG 2017...
Under the smooth ambiguity aversion model (Klibanoff et al., 2005), one is said to be more ambiguity averse than the other when one’s ambiguity function is obtained by the other’s ambiguity function transformed with a strictly increasing and concave function, given the same utility function ...