Using Prospect Theory to Better Understand the Impact of Uncertainty on Real Estate Negotiations
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DOI: 10.1080/10835547.2019.12091521
Abstract: Economic experiments are used to evaluate the impact of uncertainty on negotiations involving the assembly of land for real estate development. Consistent with the tenets of prospect theory, the re... read more here.
Keywords: estate; prospect theory; impact uncertainty; real estate ... See more keywords
The State‐Level Impact of Uncertainty Shocks
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DOI: 10.1111/jmcb.12509
Abstract: This paper uses a FAVAR model with stochastic volatility to estimate the impact of uncertainty shocks on real income growth in US states. The results suggest that there is a large degree of heterogeneity in… read more here.
Keywords: state level; uncertainty shocks; uncertainty; impact uncertainty ... See more keywords
A dual-process approach to prosocial behavior under COVID-19 uncertainty
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DOI: 10.1371/journal.pone.0266050
Abstract: Uncertainty has been shown to reduce the willingness to cooperate in various social dilemmas and negatively affect prosocial behavior. However, some studies showed that uncertainty does not always decrease prosocial behavior, depending on the type… read more here.
Keywords: impact uncertainty; time; uncertainty; prosocial behavior ... See more keywords