the certainty-equivalent rate that is, the single discount rate that summarizes the effect of uncertainty and measures the …,000 relative to conventional discounting. Applying the random walk model to the consequences of climate change, we find that … inclusion of discount rate uncertainty almost doubles the expected present value of mitigation benefits. …

two questions from the decision making literature. First, what determines how much uncertainty a firm has when investing … data, support was found for the Bounded Rationality hypothesis; firms have less uncertainty about an acquisition … hypothesis; firms whose prior machines perform below aspiration levels seek more uncertainty in their subsequent acquisitions …

trading frictions to motivate the issue of risk-spreading ‘bundled’ debt are more promising for money creation, although they … impact of uncertainty and failed expectations induced by money leads to specific patterns of economic disruption. These …

, every individual and business entity is a risk taker at some level. However, the existence of risk takers who are prepared … to put their capital and, or, reputation at risk in the hope of a financial reward is a necessary precondition for a … capitalist model of society. In the discipline of financial economics, risk takers are subcategorised into risk lover, risk …

variables were significant. The major focus of the study -- differences between individual and group-assisted risk evaluations … role. Based on the results of this study, it appears that the accounting firm wishing to suppress risk in its evaluations …

Fisheries management is complicated in nearly all cases by various types of uncertainty. Numerous economics and … fisheries science publications prescribe adjustments to harvest strategies and regulations in the face of uncertainty. The … scientists regarding management of fisheries under uncertainty. We identify common findings and discuss divergent ones. We also …

certainty, risk, or uncertainty, the software outputs match with the results of actual highway programming at least 85 percent … physical highway assets or system usage only under certainty or risk, this research focuses on the management of an entire … highway network that also incorporates tradeoff decisions involving uncertainty. Systemwide multiattribute utility functions …