True Economics

True Economics is about original economic ideas and analysis concerning everyday events, news, policy views and their impact on the markets and you. Enjoy and engage!

Showing posts with label risk-uncertainty. Show all posts
Showing posts with label risk-uncertainty. Show all posts
Wednesday, May 7, 2014

7/5/2014: Simple vs Complex Financial Regulation under Knightian Uncertainty

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Bank of England published a very interesting paper on the balance of uncertainty associated with complex vs simplified financial regulation...
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