Firms and farmers, under pure competition, must make production decisions in the face of price uncertainty. The author … has integrated diverse theories of behavior under uncertainty to provide a new framework for his mathematical analysis of … the impact of price uncertainty on the behavior of the firm. Drawing upon the work of Knight, Hicks, von Neumann, and …

This study investigates the utility of business uncertainty indicators as predictive tools for forecasting economic … activity in the context of Russia. In an era characterized by global economic volatility and geopolitical shifts, understanding … the dynamics of economic uncertainty and its impact on overall economic performance is of paramount importance. The study …