Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "Ambiguity"
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Ambiguity on the insurer's side: the demand for insurance
(Université de Montréal. Département de sciences économiques., 2014-10)Empirical evidence suggests that ambiguity is prevalent in insurance pricing and underwriting, and that often insurers tend to exhibit more ambiguity than the insured individuals (e.g., [23]). Motivated by these findings, we consider a problem of demand ... -
Contracting for innovation under knightian uncertainty
(Université de Montréal. Département de sciences économiques., 2012-09)At any given point in time, the collection of assets existing in the economy is observable. Each asset is a function of a set of contingencies. The union taken over all assets of these contingencies is what we call the set of publicly known states. ...
