Eseje o nákladném získávání informací v ekonomii
Essays on Costly Information Acquisition in Economics Vladimír Novák Abstract In the first chapter, we solve the two-armed bandit problem when decision-makers are risk-averse. We show - counterintuitively - that a more risk-averse decision-maker might be more willing to take risky actions. This find...
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| Format: | Doctoral Thesis |
| Language: | English |
| Published: |
2020
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| Online Access: | http://www.nusl.cz/ntk/nusl-437083 |