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,...
| Yazar: | |
|---|---|
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2004.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2004/115 |
| Konular: | |
| Online Erişim: | Full text available on IMF |