Assets with a value of over $130billion are regulated in Australia. We define regulatory risk as being regulation that … increases the cost of servicing this capital and analyse the sources of this risk. We show that unbiased and symmetric errors … will generally create asymmetric risk for the firm, that investors cannot fully diversify against this risk, and that the …

How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry … experiment with skill-based payoffs by systematically varying two key elements of the market environment: demand risk and … expected market size. Results show that people's reactions to demand risk depend on the market size: in small markets people …

Do voters place their trust in tried and tested leaders when uncertainty is high or do they prefer a new slate of … pandemic, a time of high uncertainty about the future course of events. Using local heterogeneity in Covid-19 outbreaks and … related school/daycare closures to proxy the degree of perceived uncertainty across Bavarian municipalities, we show with a …

mitigate cost uncertainty or better cost estimation. Third, higher competition intensity leads the diversified sourcing … may involve higher cost uncertainty and severer information asymmetry. Motivated by these observations, we consider a … latter has a lower average cost. Second, reducing the cost uncertainty or improving the signal accuracy of the U …