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The problem of uncertainty and risk as a subject of research of the Nobel Prize Laureates in Economic Sciences

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  • Bąk Sylwia

    (Institute of Economics, Finance and Management, Faculty of Management and Social Communication, Jagiellonian University, Cracow, Poland)

Abstract

Aim/purpose – The main aim of the present paper is to identify the problem of uncertainty and risk in research carried out by the Nobel Prize Laureates in Economic Sciences and its analysis by disciplines/sub-disciplines represented by the awarded researchers.

Suggested Citation

  • Bąk Sylwia, 2020. "The problem of uncertainty and risk as a subject of research of the Nobel Prize Laureates in Economic Sciences," Journal of Economics and Management, Sciendo, vol. 39(1), pages 21-40, March.
    • Handle: RePEc:vrs:jecman:v:39:y:2020:i:1:p:21-40:n:5
    DOI: 10.22367/jem.2020.39.02
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    References listed on IDEAS

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    4. Michael Kirchler & David Andersson & Caroline Bonn & Magnus Johannesson & Erik Ø. Sørensen & Matthias Stefan & Gustav Tinghög & Daniel Västfjäll, 2017. "The effect of fast and slow decisions on risk taking," Journal of Risk and Uncertainty, Springer, vol. 54(1), pages 37-59, February.
    5. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
    6. William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
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    8. Das, Debojyoti & Kannadhasan, M. & Bhattacharyya, Malay, 2019. "Do the emerging stock markets react to international economic policy uncertainty, geopolitical risk and financial stress alike?," The North American Journal of Economics and Finance, Elsevier, vol. 48(C), pages 1-19.
    9. Hal Varian, 1993. "A Portfolio of Nobel Laureates: Markowitz, Miller and Sharpe," Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 159-169, Winter.
    10. Christian Gourieroux & Joann Jasiak, 2007. "Introduction to The Econometrics of Individual Risk: Credit, Insurance, and Marketing," Introductory Chapters, in: The Econometrics of Individual Risk: Credit, Insurance, and Marketing, Princeton University Press.
    11. Aven, Terje, 2016. "Risk assessment and risk management: Review of recent advances on their foundation," European Journal of Operational Research, Elsevier, vol. 253(1), pages 1-13.
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    More about this item

    Keywords

    risk; uncertainty; Nobel Prize; economic sciences;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • F01 - International Economics - - General - - - Global Outlook

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