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suggests that such discontinuity and the lacklustre investment performance have more to do with uncertainty and irreversibility …. The paper shows that uncertainty, proxied by the volatility of profits, undermines mainly the likelihood rather than the …
Persistent link: https://www.econbiz.de/10011149222
introduces a source of uncertainty. We propose a method which minimizes recognized flaws in subjective assessments by eliciting … sensitivity ratings from multiple assessors and recognizing their differences of opinion as a source of uncertainty. We also …
Persistent link: https://www.econbiz.de/10011149245
In this paper the existence of two equally main groups of the uncertainty of data (economical and geological) factors …
Persistent link: https://www.econbiz.de/10011150394
The purpose of this paper is to show the necessity of randomness studying (through random variables) in enterprise performance measurement. By performing a fundamental research, we will demonstrate that the presumption of the approach and study the randomness and random variables within...
Persistent link: https://www.econbiz.de/10011150640
see the possible realization of an act or event under certain conditions. Uncertainty is caused by emotional status of the … elements characterized by a possible description of probabilities under insecurity uncertainty conditions. …
Persistent link: https://www.econbiz.de/10011150688
This paper introduces a new model of decision making under uncertainty. Aiming to provide a more realistic depiction of … decision making, it generalizes the von Neumann–Morgenstern theory by including additional tiers of uncertainty. In this model … formulated in the phantom space using phantom numbers. The degree of uncertainty, determined by the decision maker’s beliefs, is …
Persistent link: https://www.econbiz.de/10011151142
trajectories in the face of these developments given technological uncertainty about investment and operating costs, and fuel … efficiency of various alternative technologies; political uncertainty about future CO<Subscript>2</Subscript> abatement policies … such as emission trading; and socio-economic uncertainty about fuel prices, investment decisions of suppliers, and load …
Persistent link: https://www.econbiz.de/10011151196
incorporates the uncertainty associated with both climate change and morphological variability. To demonstrate the approach … influence on the width of coastal hazard zones than the uncertainty associated with the range of climate change scenarios …
Persistent link: https://www.econbiz.de/10011151460
the inputs to the total uncertainty in the analysis outcomes. Vegetation indices are complex and intercepted, therefore … to identify which uncertain inputs are driving the output uncertainty. The results showed that the interconnections …
Persistent link: https://www.econbiz.de/10011151702
It is recognized today that production systems can be used for natural resources management, whereas it is difficult to implement management that integrates production and natural resources conservation. This difficulty can be explained by the complexity of interactions between production...
Persistent link: https://www.econbiz.de/10011151713