demand uncertainty, which enables a better screening of positive NPV projects. Entrepreneurial moral hazard threatens this …

three-part tariffs and assess how consumer demand uncertainty impacts tariff choice. We develop a discrete/continuous model … accurately. Our empirical work shows that demand uncertainty is a key driver of choice among three-part tariffs. Consumers …, demand uncertainty decreases consumer surplus and increases provider revenue. A further analysis of consumers' responsiveness …

does not seem to arise because these measures: (a) focus on different components of the uncertainty, (b) rely on context …

Uncertainty-seeking behavior is currently understood as the result of loss aversion which motivates a preference for … others, we offer responsibility aversion as another possible motive for uncertainty-seeking behavior. Within our conceptual … uncertainty-seeking behavior …

aggregate demand uncertainty, this improves screening for valuable projects. Entrepreneurial moral hazard and private cost … the entrepreneurial incentive problems. By reducing demand uncertainty, crowdfunding promotes welfare and complements …

aggregate demand uncertainty, this improves screening for valuable projects. Entrepreneurial moral hazard and private cost … incentive problems. By reducing demand uncertainty, crowdfunding promotes welfare and complements traditional entrepreneurial …