Comparative ambiguity aversion in intertemporal decisions
Colección: Artículos
Título: Comparative ambiguity aversion in intertemporal decisions / Jianli Wang, Jingyuan Li
Autor: Wang, Jianli
Notas: Resumen: This 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.
Registros relacionados: En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 02/03/2020 Volumen 87 Número 1 - marzo 2020 , p. 195-212
Materia / lugar / evento: Matemática del seguro
Cálculo actuarial
Gerencia de riesgos
Análisis de riesgos
Incertidumbre
Autoprotección
Autoseguro
Cálculo actuarial
Gerencia de riesgos
Análisis de riesgos
Incertidumbre
Autoprotección
Autoseguro
Autores secundarios: Li, Jingyuan
Otras clasificaciones: 6
Derechos: In Copyright (InC): http://rightsstatements.org/vocab/InC/1.0/
