Understanding and managing risk and uncertainty is a central task in contemporary societies characterised by rapid social, technological and environmental change. This book presents research approaches used by scholars who all share a passion to gain new insights in how individuals,...

We study diffusion indices constructed from qualitative surveys to provide real-time assessments of various aspects of economic activity. In particular, we highlight the role of diffusion indices as estimates of change in a quasi extensive margin, and characterize their distribution, focusing on...