2013 Fiscal Year Final Research Report
Recursive Utility and Knightian Uncertainty: Theory and Applications
| Project/Area Number |
23730299
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Multi-year Fund |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Okayama University |
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Principal Investigator |
ASANO Takao 岡山大学, 社会文化科学研究科, 准教授 (40423157)
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| Project Period (FY) |
2011 – 2013
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| Keywords | ナイト流不確実性 |
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| Research Abstract |
In this research project, I focus on the notion of recursive utility and the notion of Knightian uncertainty that is clearly differentiated from the notion of risk. The results within the framework of recursive utility and Knightian uncertainty are not necessarily obtained, but I published five papers at peer-reviewed journals.
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