Uncertainty affecting project values makes investors hesitate to build new capacity unless profitability is significant … capture both uncertainty effects and decision-making behaviour of investors. Important stochastic factors typically include …

This is a comment on ’Towards a legal theory of finance’ by Katharina Pistor. It notes that both law and money are … of fundamental uncertainty. The historical origins of both are briefly considered. It is argued that fundamental … uncertainty in the Knight-Keynes sense has been marginalised in modern economics and this creates problems for the theory of money …

wider economic rationality within climate politics that suggests finance and investment as response strategies. …

; incompleteness of contracting and fundamental uncertainty associated with business. As for the latter dimension of Gharar, the … financial institutions are not necessarily discouraged to share the associated uncertainty with the small-sized firms in the … finance, less has been done to elaborate upon it through the lens of Post-Keynesian economics which have greatly contributed …

investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing …