报告题目：Risk Vulnerability in the Presence of Ambiguity

报告所属学科：应用经济学

报告人：Jingyuan Li（Lingnan University, Hongkong）

报告时间：2022年12月16日 18:00-21:00

报告地点：Zoom ID: 927 0377 2725

报告摘要：

We investigate an axiomatically founded robust smooth ambiguity model by integrating an exogenously given unambiguous background risk into the KMM model. Our result provides a unified framework for individuals who simultaneously face ambiguous foreground risk and unambiguous background risk. Moreover, we address the question of whether uninsurable background risk leads individual to behave in a less (or more) uncertainty-averse way and discuss specific economic and financial problems as applications.

报告人简介：

Jingyuan Li is a Professor and Head in the Department of Finance and Insurance, Lingnan University, Hong Kong. He obtained his doctoral degree from Texas A&M University (2004). He was the associate editor for Journal of Risk and Insurance. His research focuses on theory of risk management and insurance. He has published articles in Journals: Journal of Economic Theory, Journal of Risk and Insurance, Journal of Mathematical Economics, Insurance: Mathematics and Economics, Journal of Macroeconomics and Journal of Economics etc.