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Demand uncertainty in skill-based competition : conference paper
Artinger, Sabrina - 2013 - Preprint submitted to March 1, 2013
How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry … experiment with skill-based payoffs by systematically varying two key elements of the market environment: demand risk and … expected market size. Results show that people's reactions to demand risk depend on the market size: in small markets people …
Persistent link: https://www.econbiz.de/10010338933
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Contracting with demand uncertainty under supply chain competition
Ai, Xingzheng; Chen, Jing; Ma, Jianhua - 2012
Persistent link: https://www.econbiz.de/10009710241
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Efficient regulated entry in competitive markets with demand uncertainty
Bajo-Buenestado, Raúl - In: International journal of economic theory 19 (2023) 2, pp. 413-422
Persistent link: https://www.econbiz.de/10014325314
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Time, ignorance, and uncertainty in economic models
Katzner, Donald W. - 1998
Persistent link: https://www.econbiz.de/10000677351
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Escape from model-land
Thompson, Erica L.; Smith, Leonard A. - 2019
Both mathematical modelling and simulation methods in general have contributed greatly to understanding, insight and forecasting in many fields including macroeconomics. Nevertheless, we must remain careful to distinguish model-land and model-land quantities from the real world. Decisions taken...
Persistent link: https://www.econbiz.de/10012110757
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Uncertainty outside and inside economic models
Hansen, Lars Peter - 2014
Persistent link: https://www.econbiz.de/10010412425
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Coping with uncertainty : modeling and policy issues
Marti, Kurt (agent) - 2006
Ongoing global changes bring fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge our traditional models and require new concepts and analytical tools. The uncertainty critically...
Persistent link: https://www.econbiz.de/10003328653
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Model Uncertainty, Ambiguity and the Precautionary Principle : Implications for Biodiversity Management
Vardas, Giannis - 2014
characterizing ecosystems, might be a more appropriate framework relative to the classic risk case (measurable uncertainty). This …
Persistent link: https://www.econbiz.de/10012708785
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Uncertainty Outside and Inside Economic Models
Hansen, Lars Peter - 2015
We must infer what the future situation would be without our interference, and what changes will be wrought by our actions. Fortunately, or unfortunately, none of these processes is infallible, or indeed ever accurate and complete. Knight (1921)
Persistent link: https://www.econbiz.de/10013033066
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Uncertainty Outside and Inside Economic Models
Hansen, Lars Peter - 2014
We must infer what the future situation would be without our interference, and what changes will be wrought by our actions. Fortunately, or unfortunately, none of these processes is infallible, or indeed ever accurate and complete. Knight (1921)
Persistent link: https://www.econbiz.de/10013048614