Universitätsstraße 14-16
Münster, 48143
Germany
University of Münster - Finance Center Münster
Default risk, diversification, credit default swaps, cost of capital, financial flexibility
Industry specialization; Credit default rates; Soft information production; Loan officers; Monitoring synergies
Ellsberg paradox, risk, ambiguity, epistemic uncertainty, aleatory uncertainty
decision making, risk, probability weighting, perceived expertise, ignorance illusion
estimation accuracy, wisdom of the crowd, calibration, competence weighting, prediction markets