compare these optimal rules against plausible alternatives. Model uncertainty is shown to be a substantial problem; the … rules are robust to model uncertainty may be an overly sanguine conclusion. …

incorporate contemporaneous uncertainty. …

We investigate the empirical relationship between company investment and measures of uncertainty, controlling for the … effect of expected future profitability on current investment decisions. We consider three measures of uncertainty derived … for at least four consecutive years between 1982 and 1999. The results show that all three measures of uncertainty are …

of behaviors in contexts of action marked by uncertainty. The rule, concept essential of any theory of the action, can be … uncertainty is reduced or largely endogeneized leads to giving it a more marked prescriptive character in the form of procedure …

-insure against uncertainty. Our results show that in accordance with this hypothesis, various measures of uncertainty based on …

, endogenous uncertainty and describes the way equilibrating and disequilibrating processes are intertwined and operate. It also … entrepreneurship and its links with uncertainty. Finally, some simulations with the proposed model are provided Copyright Springer …

, under technological uncertainty and risk averse agents, increasing trade integration is not always welfare increasing. The …

We report the results of an experimental analysis of monetary policy decision-making under uncertainty. A large sample … was associated with members being able to share information and observe each other's voting behaviour. …

structure and capacities while facing demand uncertainty. We show that while hubbing is efficient, airlines may choose a linear …