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Uncertainty

Emilio Cvitkovic

Chapter 6 in Competition, 1993, pp 151-192 from Palgrave Macmillan

Abstract: Abstract Those who profess to be very certain about the future sooner or later pay a price, often dear. This value is extracted by their investments in slow horses, fast women or the stock market. Certainty is almost always absent in business decisions as well.

Keywords: Stock Market; Phenomenological Model; Gross National Product; Scenario Planning; Price Forecast (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12857-0_7

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DOI: 10.1007/978-1-349-12857-0_7

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