Results 131 to 140 of about 78,009 (326)
ETHICS, AMBIGUITY AVERSION, AND THE REVIEW OF COMPLEX TRANSLATIONAL CLINICAL TRIALS [PDF]
, 2011 Jonathan Kimmelman
openalex +1 more source
, 2012 We analyze a market populated by expected utility maximizers and smooth ambiguity-averse consumers. We study conditions under which ambiguity-averse consumers survive and a¤ect prices in the limit.
Guerdijkova, A., Sciubba, Emanuela
core
Strategic Change, EarlyView.ABSTRACT This article presents a decade of research on Open Data Business Models (ODBM), aiming to identify conceptual gaps, categorize thematic trends, and propose an integrative framework. This paper, based on a systematic literature review (SLR) of 60 peer‐reviewed studies, develops a coherent framework that explains how ODBMs are formed, adapted ...
Saeed Rouhani +3 more
wiley +1 more source
Ambiguity Aversion and Incompleteness of Financial Markets [PDF]
It is widely thought that incomes risks can be shared by trading infinancial assets. But financial assets typically carry some riskidiosyncratic to them, hence, disposing incomes risk using financial assetswill involve buying into the inherent ...
Jean-Marc Tallon, Sujoy Mukerji
core
Strategic Change, EarlyView.ABSTRACT This study examines how CEO narcissism shapes corporate diversification strategies, addressing gaps in upper echelon and agency theories. Using a sample of 388 CEOs across 319 firms, we find that narcissistic CEOs drive higher levels of overall corporate diversification but exhibit a strategic trade‐off: they strongly favor unrelated ...
Naima Lassoued, Imen Khanchel
wiley +1 more source
Ambiguity in Asset Markets: Theory and Experiment [PDF]
This paper studies the impact of ambiguity and ambiguity aversion on equilibrium asset prices and portfolio holdings in competitive financial markets. It argues that attitudes toward ambiguity are heterogeneous across the population, just as attitudes ...
Paolo Ghirardato +3 more
core
Attitudes toward uncertainty among the poor: evidence from rural Ethiopia [PDF]
, 2009 We looked at risk and ambiguity attitudes among Ethiopian peasants in one of the poorest regions of the world and compared their attitudes to a standard Western university student sample elicited by the same decision task.
Akay, Alpaslan +3 more
core
Is ambiguity aversion a preference? Ambiguity aversion without asymmetric information
Journal of Behavioral and Experimental EconomicsAmbiguity aversion is the interpretation of the experimental finding (the Ellsberg paradox) that most subjects prefer betting on events whose probabilities are known (objective) to betting on events whose probabilities are unknown (subjective). However in typical experiments these unknown probabilities are known by others.
openaire +4 more sources
Failure in Motion: A Framework for Capability Erosion and Institutional Dysfunction
Strategic Change, EarlyView.ABSTRACT Drawing on the literature on capability erosion and institutional dysfunction (ID), this study develops a conceptual framework that sheds new light on how the interaction between capability erosion and ID creates conditions for business failure across borders. By articulating two dimensions of heterogeneous capability and resource erosion (i.e.
Joseph Amankwah‐Amoah +1 more
wiley +1 more source
Robust Portfolio Choice under the Modified Constant Elasticity of Variance
MathematicsThis study investigates ambiguity aversion within the framework of a utility-maximizing investor under a modified constant-elasticity-of-volatility (M-CEV) model for the underlying asset.
Wei Li Fan, Marcos Escobar Anel
doaj +1 more source