uncertainty on firms' decisions and market outcomes. We construct alternative measures of uncertainty based on survey of … index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment and the … generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on firms' decisions …

The present work examines the evolutionary theories set forth by Armen Alchian in his 1950 paper, Uncertainty …, Evolution and Economic Theory; and furthered by Geoffrey Manne and Todd Zywicki in their recent paper titled Uncertainty … rational behavior may not be automatically discarded in an environment where ‘uncertainty’ and ‘asymmetry of information’ are …

-making in the future. We examine how environmental uncertainty, quality of available performance measures and interim access to …

Based on external uncertainty environment and R&D innovation wave background, this paper explores the impact of … information noise caused by economic policy uncertainty and the peer effect on corporate R&D innovation activities, using the … boundary condition of economic policy uncertainty on the peer effect of corporate R&D were analyzed. Results show that there is …

acquiring or processing information acquire less information. Finally, an exogenous increase in the perceived uncertainty of the …

We consider dynamic team production in the presence of uncertainty. Team members receive interim feedback that depends …

-level uncertainty and imperfect information over their life cycle. We find that firms make non-negligible and positively correlated … informed. Moreover, young firms tend to wait long before entering or exiting the market faced with high uncertainty about their …

. Hence, both Alice and the uninformed expert face uncertainty: they do not know the payoff-relevant probability. Alice offers …

introduce relevant dynamic elements to the general problem of decisions under uncertainty. We analyze actions that may have … essential to establish the direction of the bias. We also use Epstein's framework to look at issues such as uncertainty about … cost of restoration and uncertainty about irreversibility. All of the results to this point are for models with just two …