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Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "Ambiguity"

Now showing items 1-2 of 2

  • Ambiguity on the insurer's side: the demand for insurance 

    Amarante, Massimiliano; Ghossoub, Mario; Phelps, Edmund (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 

    Amarante, Massimiliano; Ghossoub, Mario; Phelps, Edmund (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. ...