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,...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Erbas, S.
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2004.
Sraith:IMF Working Papers; Working Paper ; No. 2004/115
Ábhair:
Rochtain ar líne:Full text available on IMF