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A hypothesis of uncertain future was created and first applied in the field of utility and prospect theories. An extension of application of the hypothesis to the field of forecasting is considered in the article. The concept of inevitability of unforeseen events is a part of the hypothesis of...
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about managing risk and opportunities. However, two case studies from 12 projects from the same companies revealed that all … data up against current project management, uncertainty, risk and stakeholder literature. Our model shows that the …
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is also not explained by Prospect Theory models, which predict risk seeking for losses. We discuss these findings in …
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