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Comparative ambiguity aversion in intertemporal decisions

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20200009382
003  MAP
005  20200323163320.0
008  200323e20200302usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎6
100  ‎$0‎MAPA20160003819‎$a‎Wang, Jianli
24510‎$a‎Comparative ambiguity aversion in intertemporal decisions‎$c‎Jianli Wang, Jingyuan Li
5203 ‎$a‎This article examines the effects of ambiguity aversion on intertemporal decisions when there is ambiguity about a future state. Compared to the existing literature, we allow for a three-way separation between intertemporal substitution, risk aversion, and ambiguity aversion. Holding risk preferences, beliefs, and time preferences fixed, we explore how a change in ambiguity aversion increases the strength of the current willingness to pay. We apply our results to saving, self-protection, and self-insurance problems.
650 4‎$0‎MAPA20080602437‎$a‎Matemática del seguro
650 4‎$0‎MAPA20080579258‎$a‎Cálculo actuarial
650 4‎$0‎MAPA20080591182‎$a‎Gerencia de riesgos
650 4‎$0‎MAPA20080588953‎$a‎Análisis de riesgos
650 4‎$0‎MAPA20080565992‎$a‎Incertidumbre
650 4‎$0‎MAPA20080568016‎$a‎Autoprotección
650 4‎$0‎MAPA20080553326‎$a‎Autoseguro
700  ‎$0‎MAPA20080648626‎$a‎Li, Jingyuan
7730 ‎$w‎MAP20077000727‎$t‎The Journal of risk and insurance‎$d‎Nueva York : The American Risk and Insurance Association, 1964-‎$x‎0022-4367‎$g‎02/03/2020 Volumen 87 Número 1 - marzo 2020 , p. 195-212