Conclusions and Directions for Further Research

Suren Basov

Chapter Chapter 9 in Social Norms, Bounded Rationality and Optimal Contracts, 2016, pp 169-176 from Springer

Abstract: Abstract Evidence collected during the past three decades establishes beyond reasonable doubt that one has to go beyond standard subjective expected utility maximization paradigm to explain many commonly observed economic phenomena. This realization gave rise to the development of plethora of different models that deviate to greater or lesser extent from the standard model. In this final chapter I summarize these developments and suggest directions for future research.

Keywords: Ambiguity Aversion; Optimal Contract; Dividend Payout; Dividend Policy; Payout Policy (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:steccp:978-981-10-1041-5_9

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DOI: 10.1007/978-981-10-1041-5_9

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