搜索结果: 1-15 共查到“经济学 Uncertainty”相关记录55条 . 查询时间(0.375 秒)
Optimal allocation of production resources under uncertainty:Application of the muliticriteria approach
farm-level production planning goal programming mathematical programming risk aversion risk modelling
2017/2/21
Analysing economic efficiency of farm production always faces a problem of insufficient information. This is particularly true when the analysis is performed on the reference farm where estimates are ...
Unawareness and Strategic Announcements in Games with Uncertainty
Unawareness games with uncertainty communication
2015/9/23
This paper studies games with uncertainty where players have different awareness
regarding a chance player’s moves (contingencies). An announcer, who is fully aware of
the contingencies, can announc...
We explore conditions under which trade agreements can provide gains by reducing trade-policy uncertainty. Given the degree of income risk aversion, this is more likely when economies are more open, e...
Trade and Investment under Policy Uncertainty:Theory and Firm Evidence
Investment Trade Uncertainty Policy Agreements
2015/9/22
Using a dynamic, heterogeneous firms model with sunk costs of exporting we show that: (i) investment and entry into export markets is reduced when trade policy is uncertain and (ii) credible preferent...
Policy Uncertainty, Trade and Welfare:Theory and Evidence for China and the U.S.
Policy Uncertainty Trade Welfare China the U.S.
2015/9/22
We examine the impact of policy uncertainty on trade and real income through firms’ export investments in general equilibrium. We quantify the trade policy causes and welfare effects of China’s export...
The role of strategic delay is analyzed in an infinite-horizon alternating-offer model of bargaining. A buyer and seller are
engaged in the trade of a single object. Both bargainers have private info...
It was a pleasure for me to attend the “Monetary Policy Under Uncertainty” conference held at the
Reserve Bank of New Zealand in June 1998. The eight papers and the thoughtful commentary
from the co...
Expecting the Unexpected: Emissions Uncertainty and Environmental Market Design
Emissions Uncertainty Environmental Market Design
2015/7/31
We analyze the demand for emissions allowances and the supply of
allowances and abatement opportunities in California's 2013-2020
cap and trade market for greenhouse gases (GHG). We estimate
a coin...
This paper examines the empirical validity of a model of homogeneous input
demand under price uncertainty in which firms trade off expected input cost
against its variability (risk) in selecting t...
Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty
Insurance Aggregate Uncertainty Financial Markets Optimal Taxation
2015/7/31
his paper studies Pareto-optimal risk-sharing arrangements in a private information economy with aggregate uncertainty and ex ante heterogeneous agents. I show how to implement Pareto-optima as equili...
We characterize infrequent durables stock adjustment by consumers who also derive utility from
non-durable consumption flows in the presence of idiosyncratic income uncertainty. The data we ana...
Solving the incomplete markets model with aggregate uncertainty using the Krusell–Smith algorithm
Dynamic stochastic models Heterogeneous agents Aggregate uncertainty Euler-equation methods Simulations Numerical solutions
2015/7/21
This paper studies the properties of the solution to the heterogeneous agents model in Den Haan et al. [2009. Computational suite of models with heterogeneous agents: incomplete markets and aggregate ...
How General Are Risk Preferences? Choices under Uncertainty in Different Domains
Uncertainty Different Domains
2015/7/17
We analyze the extent to which individuals’ choices over five employerprovided insurance coverage decisions and one 401(k) investment
decision exhibit systematic patterns, as would be implied by a g...
The Real Options Effect of Uncertainty on Investment and Labor Demand
Investment labor demand uncertainty real options
2015/7/15
This paper shows that, contrary to common beliefs, the real options effect of uncertainty plays no role in the longrun rate of investment. This is proven for both the standard investment model with Co...
We consider two classes of explanations for the rise in policy-related economic uncertainty in the United States since 1960. The first stresses growth in government spending, taxes,and regulation. A s...