Economics of Pessimism and Optimism : Theory of Knightian Uncertainty and Its Applications /: Theory of Knightian Uncertainty and Its Applications. (2017)

• Record Type: Book
• Further Information: Note: Kiyohiko G. Nishimura, Hiroyuki Ozaki.
• Authors: Nishimura, Kiyohiko G; Ozaki, Hiroyuki
• Contents: 1 Overall Introduction.- 2 Mathematics for Reading Later Chapters.- 3 Decision-Theoretic Foundations of Knightian Uncertainty.- 4 Portfolio Inertia.- 5 Equilibrium Indeterminacy in Arrow-Debreu Economy with Knightian Uncertainty.- 6 Monetary Equilibria and Knightian Uncertainty.- 7 Dynamic Programming.- 8 Dynamic Asset Pricing.- 9 Search and Knightian Uncertainty.- 10 Irreversible Investment and Knightian Uncertainty.- 11 Liquidity Preference and Knightian Uncertainty.- 12 A Simple Characterization of Pessimism and Optimism: e-Contamination Versus e-Exuberance.- 13 Persistent Pessimism and Optimism in Forecasts: Implicit Means and Law of Iterated Integrals.- 14 Learning Under Knightian Uncertainty.- 15 Areas of Further Research.- Appendix Proofs of Lemmas and Theorems.- Index.
• Publisher Details: Tokyo : Springer
• Publication Date: 2017
• Copyright Date: 2017
• Extent: 1 online resource (326 pages)
• Subjects: Economics; Management science; Behavioral economics; Business & Economics -- Organizational Behavior; Behavioural economics
• Languages: English
• ISBNs: 9784431559030
• Related ISBNs: 9784431559016
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.