Auflistung nach Autor "Wilde, Christian"

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    • Belief Formation and Belief Updating under Ambiguity: Evidence from Experiments 

      Li, Wenhui; Wilde, Christian (2019-09-21)
      Decisions under ambiguity depend on both the belief regarding possible scenarios and the attitude towards ambiguity. This paper exclusively focuses on beliefs, measured independent from attitudes. We use laboratory experiments ...

    • Liquidity Premia in CDS Markets 

      Kamga, Merlin Kuate; Wilde, Christian (2017-07-14)
      We develop a state-space model to decompose bid and ask quotes of CDS into two components, fair default premium and liquidity premium. This approach gives a better estimate of the default premium than mid quotes, and it ...

    • Measuring Ambiguity Aversion: A Systematic Experimental Approach 

      Krahnen, Jan Pieter; Ockenfels, Peter; Wilde, Christian (2014-06-20)
      This paper provides a systematic analysis of individual attitudes towards ambiguity, based on laboratory experiments. The design of the analysis allows to capture individual behavior across various levels of ambiguity, ...

    • Separating the Effects of Beliefs and Attitudes on Pricing under Ambiguity 

      Li, Wenhui; Wilde, Christian (2021-03-10)
      The pricing of an ambiguous asset, whose cash flow stream is uncertain, may be affected by three factors: the belief regarding the realization likelihood of cash flows, the subjective attitude towards risk, and the attitude ...