under conditions of severe uncertainty. Through the correction of the traditional definition of stakeholders I found the … general algorithm for achieving robustness in corporate strategies. This algorithm includes: (1) the clear definition of a …

robustness under risk aversion and ambiguity aversion. We aim to understand the potential consequences of deeply uncertain … chain-level preparedness to aggregate shocks. Augmenting a parsimonious supply chain model with uncertainty, we analyse the … chain-level coordination of downstream firm sourcing decisions can qualitatively improve the robustness of the entire supply …

The distinction of risk vs uncertainty as made by Knight has important implications for policy selection. Assuming the …’s decision on how to allocate loans, the authors discuss policy insights for decision making under Knightian uncertainty. They … be interpreted as a cost of robustness. They show that the robustness analysis can lead to a reversal of policy …