Uncertainty may affect economic behavior of individuals and firms in a wide variety of ways, with typically negative … consequences for economic growth. It is due to this fact, combined with rising political uncertainty observed lately in many … countries, that uncertainty has gained increasing attention in economic literature, too. In this paper, we construct a measure …

economy, this paper suggests the two disciplines face a common problem when it comes to uncertainty. It is argued that … intervention, are as yet any nearer to providing robust solutions to the problems posed by Keynesian uncertainty. Under the … uncertainty follows, suggesting a future research agenda in this area of common interest to AI and economics. …

Making decisions under uncertainty is at the core of human decision-making, particularly economic decision-making. In … economics, a distinction is often made between quantifiable uncertainty (risk) and un-quantifiable uncertainty (Knight …, Uncertainty and Profit, 1921). However, this distinction is often ignored by, in effect, the quantification of unquantifiable …