Ambiguity and equity premium in production economies [PDF]
, 2011 We propose a novel one-sector stochastic growth model, where producitivity growth follows a Markov-switching process with two regimes, and where households have generalized recursive smooth ambiguity preferences.
Jahan-Parvar, Mohammad R., Liu, Hening
core
Ambiguity Aversion and Preferences for Food Origin Post Fukushima Nuclear Disaster
, 2014 Hikaru Hanawa Peterson +3 more
openalex +2 more sources
Australian Journal of Agricultural and Resource Economics, EarlyView.ABSTRACT This paper presents a systematic literature review and targeted searches to define a synthesis framework mapping the awareness–action gap, progression along the awareness–action continuum and policy acceptability in greenhouse gas (GHG) emissions mitigation among key stakeholders in Germany's cattle dairy and meat chains.
Karen Arcia +2 more
wiley +1 more source
Pessimistic outcome expectancy does not explain ambiguity aversion in decision-making under uncertainty. [PDF]
Sci Rep, 2019 Ahrends C +4 more
europepmc +1 more source
Ambiguity Aversion and the Term Structure of Interest Rates [PDF]
This paper studies the term structure implications of a simple structural economy in which the representative agent displays ambiguity aversion, modeled by Multiple Priors Recursive Utility.
Fabio Trojani +2 more
core
Ambiguity aversion and incompleteness of contractual form
, 2010 Subjective uncertainty is characterized by ambiguity if the decision maker has an imprecise knowledge of the probabilities of payoff-relevant events. In such an instance, subjective beliefs are better represented by a set of probability functions than by a unique probability function.
openaire +2 more sources
Navigating complexity: A relational perspective on generative AI adoption in government
Australian Journal of Public Administration, EarlyView.Abstract This research note presents preliminary findings from exploratory research examining how Australian public servants understand and use generative AI (GenAI) in government work. Drawing on 37 interviews across 22 agencies, we highlight the importance of a relational view of GenAI adoption, that is, the co‐creation of meanings that emerges from ...
Shibaab Rahman +4 more
wiley +1 more source
Supply Side Implications of Ambiguity Aversion for Risk Premium and Risk-Free Rate Puzzles [PDF]
برنامهریزی و بودجهSince the 1990s, many economists have taken different approaches towards resolving the risk premium and risk free rate puzzles. Identifying causes of these two puzzles can help investors, regulators and policy makers in finding out determinants of the ...
Mohammad Feghhi Kashani, zahra ziyaee
doaj
Communication of Scientific Uncertainty about a Novel Pandemic Health Threat: Ambiguity Aversion and Its Mechanisms. [PDF]
J Health Commun, 2018 Han PKJ +6 more
europepmc +1 more source
Intertemporal substitution and recursive smooth ambiguity preferences [PDF]
In this paper, we establish an axiomatically founded generalized recursive smooth ambiguity model that allows for a separation among intertemporal substitution, risk aversion, and ambiguity aversion.
Hayashi, Takashi, Miao, Jianjun
core +1 more source