Ambiguity, Transparency, and Institutional Strength /

Institutional transparency makes future contingencies more easily predictable for investors. Greater transparency can be achieved through vertical and horizontal integration of policy rules, which may result in lower Knightian uncertainty (ambiguity). In a model based on cumulative prospect theory,...

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Xehetasun bibliografikoak
Egile nagusia: Erbas, S.
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2004.
Saila:IMF Working Papers; Working Paper ; No. 2004/115
Gaiak:
Sarrera elektronikoa:Full text available on IMF