2010 Fiscal Year Final Research Report
Real Option, Knightian Uncertainty and Applications
Project/Area Number |
20539005
|
Research Category |
Grant-in-Aid for Scientific Research (C)
|
Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
Public finance/Monetary economics
|
Research Institution | Toyo University |
Principal Investigator |
ASANO Takao Toyo University, 大学院・社会文化科学研究科, 准教授 (40423157)
|
Project Period (FY) |
2008 – 2010
|
Keywords | リアルオプション / ナイト流不確実性 |
Research Abstract |
In this research project, we focus on the notion of Knigitian uncertainty that is clearly differentiated from the notion of risk, and we analyze effects of risk and Knightian uncertainty within the framework of real option. Our papers on international economics and environmental economics were published at international journals, respectively (Journal of Macroeconomics and Environmental and Resource Economics).
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