Minimizing the Probability of Lifetime Ruin Under Ambiguity Aversion
Erhan Bayraktar
openalex +2 more sources
Abstract After the Second World War, family allowances became a cornerstone of social spending in western Europe. Whilst religion is often highlighted as a driver of this policy, the role of political Catholicism remains contested, particularly in southern Europe.
Guillem Verd‐Llabrés
wiley +1 more source
Managed decline: Muddling through with the Sterling (dis)Agreements, 1968–74
Abstract How do policymakers manage the decline of an international currency? This paper revisits the view that the ‘Sterling Agreements’ of 1968–74 – bilateral contracts between the UK and sterling‐holding governments – marked a successful paradigm shift towards sterling's managed ‘retirement’.
Alan de Bromhead +3 more
wiley +1 more source
The Effect of Ambiguity Aversion on Self-Protection and Self-Insurance effort
Jimin Hong
openalex +2 more sources
Paving the way for incumbents' digital transformation. A review and research agenda
Abstract Digital transformation is reshaping the competitive landscape by forcing incumbent firms to rethink their strategies, organizational structures, and business models. While a substantial body of literature has explored digital transformation in specific sectors, focusing on various factors and organizational mechanisms, there remains a lack of ...
Anna Bastone +3 more
wiley +1 more source
ESG Thematic Bonds in Emerging Markets: Risk, Uncertainty, and Ambiguity
ABSTRACT We examine the impact of risk aversion, ambiguity, and uncertainty (geopolitical and economic) on the ESG thematic bond markets in emerging countries. We analyze ESG sovereign (both USD and local currency denominated) and corporate bond markets on the aggregate and regional levels.
Nebojsa Dimic +3 more
wiley +1 more source
The potential of uncertainty tolerance measures to identify specific needs of first-year medical residents: an exploratory study. [PDF]
Gulbrandsen P +3 more
europepmc +1 more source
Early‐Life Disaster Exposure and the Investment Response to Monetary Policy
ABSTRACT We place CEOs' formative experiences at the center of analyzing how firms respond to monetary policy. Specifically, we examine how early‐life exposure to natural disasters shapes CEOs’ investment behavior following monetary shocks. CEOs with exposure to moderate natural disasters during their formative years exhibit stronger risk‐taking ...
Samer Adra +3 more
wiley +1 more source
Reinsurance-investment game between two α-maxmin mean-variance insurers. [PDF]
Zhang Q, Zhou G, Fu J.
europepmc +1 more source
<div> Optimal Investment Portfolio and Carbon Emissions Under Climate Risk Ambiguity Aversion</div>
Shuhua Zhang, Tong Wang, Xinyu Wang
openalex +1 more source

