Knightian Uncertainty and Money Holdings under recessions
| Project/Area Number |
22530186
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic theory
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| Research Institution | Teikyo University |
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Principal Investigator |
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| Co-Investigator(Kenkyū-buntansha) |
ASANO Takao 岡山大学, 大学院・社会文化科学研究科, 准教授 (40423157)
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| Project Period (FY) |
2010 – 2012
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| Project Status |
Completed (Fiscal Year 2012)
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| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2012: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2011: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2010: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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| Keywords | ナイト流不確実性 / 不況 / 理論経済学 / ナイト的不確実性 |
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| Research Abstract |
In this research project, we investigate money holdings under recessions using Knightian uncertainty that is wider notion than probabilistic risk. We have completed two papers and submitted international journals, one of which provides a characterization of the preferences for money holdings under uncertainty, and another of which provides an axiomatization for it.
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Report
(4 results)
Research Products
(18 results)
