In any environment which allows for individual and group enterprise, some degree of risk as well as elements of … uncertainty and expectation will be features of virtually every human endeavour. These three decision‐making categories are … theoretical scrutiny as well as empirical investigation of their incidence and relevance in economic life. Analysis of risk …

inherent uncertainty of the organizational problem being faced. Practical implications – The model suggests that a primary …

Aims to explore the nature of uncertainty in budgetary decision making in three local authorities in the UK … (Staffordshire, Shropshire and Derbyshire). Results show that these authorities have been experiencing great uncertainty during the … 1980s. The source of such uncertainty is traceable to the effect of Central Government policies and the general economic …

Purpose – The purpose of this paper is to investigate entrepreneurs’ investment decisions under uncertainty in … hope increase the propensity to continue investments as do increased level of uncertainty. Embarrassment and strain do not … increase this propensity, however, high uncertainty decreases the propensity to continue investments. In contrast to the …

valuated using the model. Findings – Option pricing can provide risk-neutral quantified value whether an apartment building … approach proposed in this study risk-neutrally calculates the value appreciation from the range of the potential values. This …

Explores the concept of uncertainty in marketing decision making. Offers a structure of a decision dilemma with advice …. Argues that such an approach is preferable to hesitating due to fear of uncertainty.  …