Economics of Pessimism and Optimism Theory of Knightian Uncertainty and Its Applications /
| Main Authors: | , |
|---|---|
| Corporate Author: | |
| Summary: | XX, 326 p. 12 illus. in color. text |
| Language: | English |
| Published: |
Tokyo :
Springer Japan : Imprint: Springer,
2017.
|
| Edition: | 1st ed. 2017. |
| Subjects: | |
| Online Access: | https://doi.org/10.1007/978-4-431-55903-0 |
| Format: | Electronic eBook |
Table of 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.