-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude … is comparable to numeric models used in policy advising. Uncertainty surrounding climate change remains large. The closed …, distributional moments, and the climatic shadow values. Welfare gains from reducing uncertainty about temperature feedbacks are much …

of uncertainty on travel times and the implications this has forestimations of travel time values has received much less … attention in the literature. In thispaper we compare various modelling approaches to address uncertainty and demonstrate … thatignoring uncertainty issues may easily lead to distorted estimates of values of travel time. Thisis of special relevance in …

Roy (Safety First and the Holding of Assets, 1952) argues that decisions under uncertainty motivate firms to avoid … such as inelastic pricing, why the firm takes on more risk as gains become less likely, and asymmetric responses to demand …

use an analytical framework in which wage differentials result from two types of uncertainty. Quantity uncertainty … originates from imperfect foresight in future product demand. I argue that workers who take over part of the quantity uncertainty … from the employer get higher payments. Quality uncertainty on the other hand originates from the fact that employers are ex …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

Donors may often not be sure whether a recipient really deserves their help. Does this uncertainty deter generosity? In … an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with …