We can overcome uncertainty with uncertainty. Using randomness in our choices and in what we control, and hence in the … decision making process, could potentially offset the uncertainty inherent in the environment and yield better outcomes. The … example we develop in greater detail is the news-vendor inventory management problem with demand uncertainty. We briefly …

We use forward-looking and exogenous measures of output price uncertainty to examine the effect of price uncertainty on … firm-level capital investment, risk management, and debt issuance. The effects of uncertainty vary significantly by firm … size. When faced with high price uncertainty, large firms increase their hedging intensity but do not lower capital …

theory, predicting that greater risk reduces contestants' incentives to exert effort. Moreover, the equilibrium prize spread …

We study the effect of ambiguity — Knightian uncertainty — on payout policy. We find that firm-level ambiguity …

We study the effects of uncertainty on corporate leverage adjustments with respect to investment spikes and find that … overlevered and underlevered firms behave very differently in response to the combination of uncertainty and investment spikes …. Overlevered firms facing high uncertainty converge to their targets substantially faster, whereas their counterparts facing low …

The scientific category of uncertainty refers to that group of terms, an interpretation of which is not unambiguous and … uncertainty. This research is an attempt to solve the issue of estimating the interval uncertainty based on methods of a logical … following a given function. In the course of the research, there has been introduced a concept of the tenversion uncertainty for …

attention to the information gap. To the extent that the uncertainty (or other circumstances) makes the information gap … for source preference regarding uncertainty, the comparative ignorance effect under conditions of ambiguity, aversion to …