processes and the inherent variability of competitors' effort choices introduce uncertainty to tournament settings with respect … uncertainty leads to more excess of effort if compared to optimality (Avrahami et al., 2007). This paper experimentally … responses, and mainly overestimate their opponents. Leveling uncertainty influences both overshooting and the precision of …

depends stochastically on (constant) effort, the number of times that are checked to assign the bonus affects the level of un-certainty … in the selection process. Uncertainty, in turn, is expected to increase the efforts made by competing agents (Cowen and … of uncertainty (sampling occasions of productions, 1 or 3), cost of production (high or low), cost symmetry (asymmetric …

uncertainty in the selection process. Uncertainty, in turn, is expected to increase the efforts made by competing agents (Cowen … of uncertainty (sampling occasions of productions, 1 or 3), cost of production (high or low), cost symmetry (asymmetric … or symmetric), and piece-rate reward were manipulated factorially to test the robustness of the effects of uncertainty …

This paper considers the design of macroeconomic policies in the face of uncertainty. In recent years, several … absent any uncertainty. …

the analysis of several indicators of uncertainty. In addition to well established concepts, we introduce innovative … measures based on the skewness of forecast errors and on the share of 'no response' replies. Results show that uncertainty …

The argument that policy risk, i.e. uncertainty about monetary and fiscal policy, has been holding back the economic … business cycle fluctuations by using an estimated New Keynesian model featuring policy risk as well as uncertainty about … technology. We directly measure uncertainty from aggregate time series using Sequential Monte Carlo Methods. While we find …

This paper examines how time to build alters strategic investment behaviour under oligopoly. Facing demand uncertainty …, firms decide whether to invest early or wait until uncertainty has been resolved. A game that captures time …

increased uncertainty concerning the future stringency of the European Emission Trading Scheme. It also gives another rationale …