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Showing 1 to 6 of 6 for “"Knightian Uncertainty"”.

  1. Robustness of the k-double auction under Knightian uncertainty

    … rule an interesting one for agents who face Knightian Uncertainty. A decision problem involves Knightian uncertainty if the agents know the possible outcomes but not those outcomes' probabilities -- as may be the case in a new market. This dissertation shows that in a private value k-double …

    uiuc Repository record for Robustness of the k-double auction under Knightian uncertainty (opens in a new tab)

  2. Essays on entrepreneurship and strategy.

    … emerge from entrepreneurial judgment under Knightian uncertainty.

    baylor Repository record for Essays on entrepreneurship and strategy. (opens in a new tab)

  3. Expectations in Financial Markets

    Uncertainty pervades financial markets. How financial market participants form expectations when faced with uncertainty is therefore central to the study of financial markets. This thesis contains three chapters each highlighting the role of expectations formation in determining outcomes in …

    cambridge Repository record for Expectations in Financial Markets (opens in a new tab)

  4. Essays on macroeconomics and contract theory

    … neutral money lender and an agent that faces Knightian uncertainty about the distribution of her endowment and cannot commit on future transfers. We find that in the optimal contract model uncertainty contributes to increase consumption of the agent over time independently of which shocks have …

    mit Repository record for Essays on macroeconomics and contract theory (opens in a new tab)

  5. From ambiguity to action: Rethinking the origins of shocks and crises

    … or social system, characterized by heightened uncertainty, accelerated change, and the potential for significant loss or transformation. Crises present formidable challenges for decisionmakers, which are exacerbated by limited data availability and intricate dynamics. We employ dictionary …

    stellenbosch Repository record for From ambiguity to action: Rethinking the origins of shocks and crises (opens in a new tab)

  6. Essays in Game Theory and Forest Economics

    … to choose rotation ages when there is pure (or Knightian) uncertainty, in that the forest owner does not know distributional features of parameters and further can be averse to this type of information deficit. This chapter is the first to investigate pure uncertainty in amenity benefit streams …

    vt Repository record for Essays in Game Theory and Forest Economics (opens in a new tab)