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,...
Հիմնական հեղինակ: | |
---|---|
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Շարք: | IMF Working Papers; Working Paper ;
No. 2004/115 |
Խորագրեր: | |
Առցանց հասանելիություն: | Full text available on IMF |