players put into the project depending on the type of uncertainty faced. Furthermore, the delay of effort explains the …

are technology adoption or market entry. Firms either invest immediately or wait until market uncertainty is resolved. Two …

all players are averse to uncertainty (i.e., all the functionals are quasi--concave). We further show that if the …

Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international … research efforts worldwide to reduce uncertainty about the environmental impact of emissions and the cost of reducing them … but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs …

coordination game with and without strategic uncertainty. The latter is distinguished from risk and is modeled by means of the … choquet expected utility theory. For the case of no Uncertainty, multiple Pareto-Ranked equilibria arises. The study of the … game under uncertainty shows that the Pareto-Dominated equilibrium can be selected in equilibrium for sufficiently …

how nominal inertia may arise and why the rate of inflation and monetary uncertainty have real effects …