Journal of Risk and Uncertainty, Vol. 32, No. 2 (March 2006), pp. 131-150 (20 pages) Few theoretically-consistent empirical models addressing the relationship between ambiguity, risk, and preferences ...

It has long been received wisdom that utility stocks offered a safe haven during market storms, thanks to their regulated rate model and above-average dividend yields. But major structural changes are ...

We axiomatize preferences that can be represented by a monotonic aggregation of subjective expected utilities generated by a utility function and some set of i.i.d. probability measures over a product ...

Mathematical models can be used to study the spread of technological innovations among individuals connected to each other by a network of peer-to-peer influences, such as in a physical community or ...

NextEra Energy (NEE 0.15%) is defying the traditional utility company mold by combining the stability of a regulated utility company with the ambition of a renewable energy business. This dual model ...