households and lower investment by firms, and hence leads to lower aggregate investment and growth. This paper argues that … although risk can be measured, uncertainty cannot be measured. Even though risk can be measured, a simple symmetric measure … attempt at "measuring" risk or (fundamental) uncertainty is flawed. …

We estimate the relationship between investment and unemployment in order to explore whether the medium … up, both employment and investment fell although the estimated coefficient of investment is slightly smaller when the …

stagnation. The reason is that automation suppresses wages, which are the only source of investment in the overlapping …

behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of …We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment … MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice …

paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative … impact of feedback frequency and investment flexibility (via the investment horizon) on risky investments. Second, given that … we observe higher investments with a longer investment horizon, we examine conditions under which investors might …