The banking firm under ambiguity aversion

The banking firm under ambiguity aversion

We examine risk taking when the bank's preferences exhibit smooth ambiguity aversion. Ambiguity is modeled by a second-order probability distribution that captures the bank's uncertainty about which of the subjective beliefs govern the financial asset return risk. Ambiguity preferences are...

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Bibliographic Details
Main Authors: Broll, Udo, Welzel, Peter, Wong, Kit Pong
Other Authors: Technische Universität Dresden, Faculty of Business and Economics
Format: Others
Language:deu
Published: Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden 2016
Subjects:
Banking
Mehrdeutigkeit
Kapitalbedarf
Banking firm
Ambiguity
Ambiguity aversion
Capital requirement
ddc:330
rvk:QC 000
Online Access:http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-209770
http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-209770
http://www.qucosa.de/fileadmin/data/qucosa/documents/20977/CEPIE_WP_01_2016.pdf

Internet

http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-209770
http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-209770
http://www.qucosa.de/fileadmin/data/qucosa/documents/20977/CEPIE_WP_01_2016.pdf

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