Diehl, Christoph: Essays on multiple layers of uncertainty in economics. 2014
Inhalt
- Introduction
- The (non-)robustness of influential cheap talk equilibria
- Introduction
- The Chakraborty and Harbaugh result
- Robustness for linear preferences
- Robustness for general preferences
- Conclusion
- Appendix
- The LIBOR Mechanism and Related Games
- Introduction and Motivation
- Background on the LIBOR
- Inception and historical development of the LIBOR
- Administering of the LIBOR
- The LIBOR scandal
- Policy responses to the LIBOR scandal
- The model
- Equilibrium analysis of the games
- The LIBOR Mechanism from the normative point of view
- Appendix
- Model Uncertainty in Insurance Markets
- Introduction
- The Rothschild-Stiglitz Model
- Model Uncertainty on the Side of the Insurers
- Model Uncertainty on the Side of the Individuals
- Ambiguity about the distribution of the population
- Nonexistence of equilibrium in Rothschild-Stiglitz
- Ambiguity about the distribution of the population
- Examples
- Conclusion
- Appendix
- Equilibria with Inertia in Bewley Economies
- Introduction
- The Model
- Equilibria in the B-economy
- Robustness
- Endowment
- Degree of constant absolute risk aversion
- General degree of constant absolute risk aversion and general endowment
- Prior sets
- Conclusion
- Appendix
- References