Sökning: "aversion to ambiguity"
Visar resultat 1 - 5 av 6 uppsatser innehållade orden aversion to ambiguity.
1. There Is Nothing Certain But The Uncertain
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : Risk and risk aversion are crucial concepts in finance. Models in finance typically assume a known probability distribution of returns, which does often not hold in reality. This papers aims to measure the uncertainty surrounding the probability distribution in equity markets and to evaluate if such uncertainty is priced. LÄS MER
2. Investigating the relationship between economic preferences and attitudes towards vaccination against COVID-19.
Kandidat-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistikSammanfattning : The purpose of this study is to investigate the relationship between economic preferences and attitudes towards vaccination against COVID-19. These relationships are important to explore in order to design correct and effective vaccination policies that can increase vaccination willingness and decrease vaccination hesitancy. LÄS MER
3. Peruvian Trainee Teachers as Mestizas. Pedagogies of Tolerance and Respect Towards Gay and Lesbian People
Master-uppsats, Lunds universitet/Graduate SchoolSammanfattning : Given the polarized political context in Peru that was provoked by the inclusion of LGTBIQ+ identities in the official school curriculum, this study analyzes the meanings that students of pedagogy in Lima ascribe to tolerance and respect towards gay and lesbian people, and how these meanings inform their pedagogical practices. Based on two focus groups and eight individual interviews grounded in standpoint theory, this study engages in a dialogue with the work of Wendy Brown regarding tolerance. LÄS MER
4. Pricing of European Options with Subjective Probability : Ambiguity aversion in the options market during the European sovereign debt crisis
Master-uppsats, Umeå universitet/NationalekonomiSammanfattning : This essay develops an option pricing formula where the market participantsare assumed to not follow a uniform approach with respect to uncertainty thatarises under extreme market events. By using a continuous Choquet randomwalk for modeling asset dynamics, as well as including marginal utility, an optionprice kernel is obtained- this is opposed to the unique price that arises inthe standard MMBS framework. LÄS MER
5. Risk Attitudes and the Equity Premium Puzzle: empirical tests in a cross-country setting
D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiSammanfattning : This study utilises panel data, Equity Home Bias measurements and a two-stage estimation process incorporating one version of the international CAPM to extract comparable input data and test country-scores for risk preferences, risk aversion and time discounting as well as country scores on broader cultural dimensions, on country-estimates of the Equity Risk Premia. The risk attitude scores, which just recently have been made available, are such that they may proxy for irrational behaviours which have been theorized to explain the Equity Premium Puzzle, and enable a rigorous way to empirically test such an effect. LÄS MER
