Negative Effects of Uncertainty (on Decision-Making)

Richard J. Arend ()
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Richard J. Arend: University of Southern Maine

Chapter Chapter 6 in Uncertainty in Strategic Decision Making, 2024, pp 115-125 from Springer

Abstract: Abstract Explains the main harms that uncertainty can do. Explains which uncertainties are more likely to produce those effects and what causes them. Describes the more likely contexts and reactions that involve harms. Argues that to make good decisions about uncertainty, a reasonable knowledge of the downsides is necessary.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-48553-4_6

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DOI: 10.1007/978-3-031-48553-4_6

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