Observational learning is typically examined when agents have precise information about their position in the sequence … individuals and receive a private signal about the state of the world. We show that social learning is robust to position … uncertainty. Under any sampling rule satisfying a stationarity assumption, learning is complete if signal strength is unbounded …

ecological uncertainty but they gain information (learn) about it. We then compare our learning model with the benchmark model of …We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and … full information, where players know the distribution of ecological uncertainty. We find that uncertainty due to …

-level uncertainty and imperfect information over their life cycle. We find that firms make non-negligible and positively correlated … demand. The former learning effect, combined with the latter real-options effect, adversely affect firms' entry decisions and …

complexity theory, and shows that Keynes employed an understanding of reflexivity in both his philosophical and economic thinking …. This argument is first developed in terms of his moral science conception of economics and General Theory beauty contest …

Knight’s risk/uncertainty distinction is reviewed in its original context as a contribution to the theory of profit … entrepreneurship theory. Von Mises distinguishes between class probability (i.e. risk) and case probability (i.e. uncertainty) in … reviewed, focusing on his logical theory of probability in A Treatise on Probability which he subsequently contextualised in …

those under full-information rational expectations, we find that assuming the agents are not instantaneously aware of the …