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, to ensure achievement of the emission reduction target, a stochastic model is introduced to measure the uncertainty …
Persistent link: https://www.econbiz.de/10010576889
contributions to decision theory that take seriously the idea of Knightian uncertainty, to show why social insurance may be …
Persistent link: https://www.econbiz.de/10010576930
to states of uncertainty be explicitly dealt with. We argue that ‘knowledge,’ because of the existence of uncertainty is …
Persistent link: https://www.econbiz.de/10010576973
’s subjective judgments. The given judgments are often uncertain, because of the uncertainty of situations and intuitiveness of … human judgments. In order to reflect the uncertainty in the assigned values, they are denoted as intervals whose widths …. The given matrix contains two kinds of uncertainty, one is inconsistency among comparisons and the other is incompleteness …
Persistent link: https://www.econbiz.de/10010577570
sources of uncertainties associated with the development of crop models and to reinforce the role of the crop modeller as an …
Persistent link: https://www.econbiz.de/10010580429
This paper examines the effect of uncertainty about the future on whether individuals select want options (e.g., junk … uncertainty about what the future may bring reduces self-control resources and increases individuals’ tendency to favor want … options over should options. These results persist when real uncertainty is induced, when the salience of naturally …
Persistent link: https://www.econbiz.de/10010580436
Consider the Hotelling linear spatial duopoly with firm uncertainty over the consumer mean. As uncertainty about the …
Persistent link: https://www.econbiz.de/10010580457
Uncertainty and learning play an important role in the management of many environmental and resource problems and in … particular in climate change. In stylized game-theoretic models of international environmental treaty formation, which capture … richer climate model that captures the large heterogeneity between different world regions and considers uncertainty about …
Persistent link: https://www.econbiz.de/10010580592
of uncertainty: demand uncertainty (in terms of number of buyers) and competitive effect uncertainty (in terms of other … investment and the level of production on the cost and the uncertainty the agent is confronted with. Moreover, we find that … French case illustrates the different effects associated with demand uncertainty and competitive effect uncertainty. …
Persistent link: https://www.econbiz.de/10010582219
game theoretic model to examine the combined effects of uncertainty and risk aversion on the actions of potential investors … into high and low carbon generating capacity, under both allocation rules and uncertain costs. We find that uncertainty and …
Persistent link: https://www.econbiz.de/10010582226