This paper relates the processes of strategic planning in London during the first decade of an executive Mayoral system … proposition that without effective fiscal autonomy in planning for infrastructure provision, the need to manage diplomatic … strategic planning is concerned. An inability to face up to this complexity, particularly in relation to cross-border relations …

planning for land reform in South Africa. As government policy has come increasingly to favor the better-off who are potential …

This paper explores the sources of uncertainty that cause firms to revise their capital investment plans and the stock … market to revise its valuation of those firms. A simple method is developed to decompose the uncertainty governing revisions … idiosyncratic uncertainty, but common disturbances are more important for movements in the stock market rate of return. …

This paper investigates the relationship between infation uncertainty and investment using a panel of loan-level data … aggregates. The data show that periods of increased inflation uncertainty are associated with substantial reductions in total … models of investment under uncertainty. …

This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect of demand shocks on … investment. Uncertainty increases real option values making firms more cautious when investing or disinvesting. This is confirmed … both numerically for a model with a rich mix of adjustment costs, time-varying uncertainty, and aggregation over investment …

households reacted to the increase in uncertainty about the future path of income that such an event produced. Our estimates are …

Uncertainty appears to vary strongly over time, temporarily rising by up to 200% around major shocks like the Cuban … Missile crisis, the assassination of JFK and 9/11. This paper offers the first structural framework to analyze uncertainty …. The parameterized model is then used to simulate a macro uncertainty shock, which produces a rapid drop and rebound in …

. The notorious prevalence of risk, uncertainty and ignorance makes it difficult, however, to state which parts of it should …