the chapter discusses financial markets with Knightian uncertainty. The latter refers to situations in which uncertainty is not quantifiable by a single probability measure. It deals with model of behavior in financial markets inspired by intuition regarding cognitive processes that underlie trade choices.

A Non-Expected Glance at Markets: Financial Models and Knightian Uncertainty

FONTINI, FULVIO
2003

Abstract

the chapter discusses financial markets with Knightian uncertainty. The latter refers to situations in which uncertainty is not quantifiable by a single probability measure. It deals with model of behavior in financial markets inspired by intuition regarding cognitive processes that underlie trade choices.
2003
Cognitive Processes and Rationality in Economics
9780415320054
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11577/1472310
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