Uncertainty and risk
Investors’ Uncertainty and Stock Market Risk
... between uncertainty and ...investors’ uncertainty creates “noise” and makes the market more liquid because some investors irrationally trade on noise as if it were information (Black, ...of ...
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Cyberchondria in Relation to Uncertainty and Risk Perception
... trait uncertainty. Uncertainty was measured by the variable information sufficiency that is the individual’s assessment of having enough ...the risk of misdiagnoses and people with a sufficient ...
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Investors’ Uncertainty and Stock Market Risk
... investors’ uncertainty and risk have a significant positive time-varying conditional correlation across all ...investors’ uncertainty transmits to stock market. In the presence of uncertainty, ...
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Quantifying risk and uncertainty in macroeconomic forecasts
... independent and the model is linear, both approaches yield identical uncertainty and risk assessments. The asymmetric bootstrap is used to generate stochastic forecasts with the structural macroeconometric ...
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Risk, Uncertainty, and "Super-Risk"
... domains, risk analysis typically employs the basic tools of decision theory (probability and utility) to measure the likelihood as well as the costs and benefits associated with possible ...outcomes. Risk ...
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Information risk, uncertainty risk and asset prices
... of uncertainty shock in explaining macroeconomic ...information uncertainty, which is the main interest of this paper, from fun- damental ...on uncertainty shocks are usually studied in a perfect ...
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Essays on Risk and Uncertainty Preferences
... tioned, but important assumption is the stability of said preferences. To draw conclusions from previous observations to future behavior, we have to assume that an individual chooses according to the same rules at both ...
201
Distinguishing Risk and Uncertainty in Risk Assessments of Emerging Technologies
... under risk depends not only on the quality of those estimates but also on the standards of evidence that one demands in a particular ...under risk (maximizing expected utility) in cases where the ...
13
Model uncertainty in risk capital measurement
... Model uncertainty in risk capital measurement Valeria Bignozzi 1 and Andreas Tsanakas 2 Abstract The required solvency capital for a financial portfolio is typically given by a tail risk measure such ...
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Parameter uncertainty and residual estimation risk
... study risk measurement procedures, but from a perspective that is complementary to that of Cont et ...parameter uncertainty on capital ...a risk measure that is positive homogeneous, translation in- ...
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Parameter uncertainty and residual estimation risk
... study risk measurement procedures, but from a perspective that is complementary to that of Cont et ...parameter uncertainty on capital ...a risk measure that is positive homogeneous, translation in- ...
41
Model uncertainty in risk capital measurement
... Model uncertainty in risk capital measurement Valeria Bignozzi 1 and Andreas Tsanakas 2 Abstract The required solvency capital for a financial portfolio is typically given by a tail risk measure such ...
22
Interconnectedness as a source of uncertainty in systemic risk
... c Columbia University Abstract Financial networks have shown to be important in understanding systemic events in credit markets. In this paper, we investigate how the structure of those networks can affect the capacity ...
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Earnings Uncertainty, risk-Aversion and Homeownership
... income uncertainty on the probability of homeownership in Germany and ...of risk attitudes in the housing tenure decisions that also allow us to introduce the concept of “skewness affection” as a relevant ...
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The History of Insurance: Risk, Uncertainty and Entrepreneurship
... reduce uncertainty and cover ...reducing uncertainty often beyond the failures of ...reduce uncertainty 3 and make it quantifiable, and thus convert it into risk, and ultimately boost economic ...
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Uncertainty, Capital Investment, and Risk Management
... of uncertainty on investment and risk man- agement mask substantial heterogeneity in the ...of uncertainty on both investment and risk ...price uncertainty. Thus, the observed average ...
69
Uncertainty and Risk
... • Common themes for discussions: individualizing patient care when evidence is insufficient and guidelines may not apply, making treatment decisions despite uncertainty, communicating[r] ...
45
Business corruption, uncertainty and risk aversion
... The presence of business-corruption in a market provokes firms to make choices between legal business approaches and illegal bribery. The outcome of a chosen strategy will usually be uncertain at the time the decision is ...
37
Choice Under Uncertainty Insurance Diversification & Risk Sharing AIG. Uncertainty
... Law of Large Numbers: expected money from compound gamble = N times the EM = a big positive number. Portfolio of gambles is diverse, so very little chance of net loss.[r] ...
27
Prices of Uncertainty and Long-Run Risk
... and Risk Free Rate Puzzle 1 Quantitative not qualitative puzzle, 2 Consumption is proportional to wealth in the derivation of the CAPM, so the CAPM predicts that consumption should inherit the large 20 percent or ...
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