The Uncertainty Effect
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The Uncertainty Effect
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Author : Michelle Lazarus
language : en
Publisher:
Release Date : 2023-04-17
The Uncertainty Effect written by Michelle Lazarus and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-17 with categories.
A smart, practical book that shows us how to navigate uncertain times. In an age of pandemic and economic precarity, how can we learn to embrace uncertainty in our workplaces, schools and businesses? And how can better understanding uncertainty help us to build resilience, foster social justice and deal with the big issues, such as climate change? Award-winning educator Michelle Lazarus shows us how uncertainty tolerance can help. From how teachers can prepare students for an uncertain workforce, to reducing burnout in trainee doctors, to confronting the effects of climate change, this smart, practical popular-science book has an affirming message: we may not be able to predict the future, but we can learn to navigate it. Drawing on Michelle's original research, it will appeal to readers of Emily Ehler's Hope is a Verb and Jonica Newby's Beyond Climate Grief.
The Uncertainty Effect
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Author : Wilson
language : en
Publisher:
Release Date : 2019-08-15
The Uncertainty Effect written by Wilson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-15 with categories.
An introduction to risk management
How Certain Is The Uncertainty Effect
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Author : Ondřej Rydval
language : en
Publisher:
Release Date : 2009
How Certain Is The Uncertainty Effect written by Ondřej Rydval and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
How Certain Is The Uncertainty Effect
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Author : Ondřej Rydval
language : en
Publisher:
Release Date : 2009
How Certain Is The Uncertainty Effect written by Ondřej Rydval and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Retesting The Uncertainty Effect Using Lotteries With Real Products And Money
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Author : Uri Benzion
language : en
Publisher:
Release Date : 2013
Retesting The Uncertainty Effect Using Lotteries With Real Products And Money written by Uri Benzion and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
In the current study, several experiments re-examine the uncertainty effect using lotteries that include real products, monetary outcomes and electronic gift cards in a between-subjects design. The study also takes the selling position into consideration, in addition to the buying position considered by all previous works on the uncertainty effect. The results indicate that for all types of lotteries, the bids are higher than the bids for the worst possible realization. These findings are consistent with the internality axiom and do not support the uncertainty effect.
Consumer Search And The Uncertainty Effect
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Author : Heiko Karle
language : en
Publisher:
Release Date : 2020
Consumer Search And The Uncertainty Effect written by Heiko Karle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Testing Treatments
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Author : Imogen Evans
language : en
Publisher: Pinter & Martin Publishers
Release Date : 2011
Testing Treatments written by Imogen Evans and has been published by Pinter & Martin Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Health & Fitness categories.
This work provides a thought-provoking account of how medical treatments can be tested with unbiased or 'fair' trials and explains how patients can work with doctors to achieve this vital goal. It spans the gamut of therapy from mastectomy to thalidomide and explores a vast range of case studies.
The Effect Of Uncertainity On Investment
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Author : John Vincent Leahy
language : en
Publisher:
Release Date : 1995
The Effect Of Uncertainity On Investment written by John Vincent Leahy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Capital investments categories.
The Uncertainty Channel Of Contagion
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Author : Mr.Prakash Kannan
language : en
Publisher: International Monetary Fund
Release Date : 2009-10-01
The Uncertainty Channel Of Contagion written by Mr.Prakash Kannan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-01 with Business & Economics categories.
The 2007 subprime crisis in the U.S. triggered a succession of financial crises around the globe, reigniting interest in the contagion phenomenon. Not all crises, however, are contagious. This paper models a new channel of contagion where the degree of anticipation of crises, through its impact on investor uncertainty, determines the occurrence of contagion. Incidences of surprise crises lead investors to doubt the accuracy of their informationgathering technology, which endogenously increases the probability of crises elsewhere. Anticipated crisis, instead, have the opposite effect. Importantly, this channel is empirically shown to have an independent effect beyond other contagion channels.
Decision Research On Time Risk And Ambiguity
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Author : Yitong Wang
language : en
Publisher:
Release Date : 2011
Decision Research On Time Risk And Ambiguity written by Yitong Wang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
This dissertation consists of three essays. The first essay explores how to counteract the uncertainty effect bias by appropriately manipulating either the anchoring process or the adjustment process involved in the bias. First, I examine how providing an anchor prior to judging the value of the lottery affects individuals' judgments, and find that anchoring on the worst outcome counteracts the uncertainty effect. Then I investigate if omitting information about the probability of the outcomes to create an ambiguous lottery affects individuals' judgments, and find that this is not sufficient to counteract the uncertainty effect. Finally, I explore if introducing additional cognitive load dampens over-adjustment and thus affect individuals' judgments, and find that additional cognitive load is able to counteract the uncertainty effect bias. In an intertemporal choice context, the second essay investigates decision makers' subjective perception of the temporal duration between now and the time they would receive future payments. I show that participants' subjective perceptions of temporal duration are not independent of the outcome magnitudes, where larger monetary outcomes are associated with shorter subjective time perception (experiments 1 & 2). Furthermore, this difference in temporal perception can help us explain the magnitude effect. My results replicate the magnitude effect when taking only objective time into account but show a constant discount rate when taking subjective time perception into account (experiment 3). The third essay investigates the impacts of an ambiguous time on decision making over time. In the first experiment, employing hypothetical scenarios and a between-subjects design, I found that in some situations, decision makers may discount more when facing an ambiguous time delay than facing the end of the ambiguous span. Furthermore, a reversed magnitude effect, the gain/loss asymmetry, and the short term/long term asymmetry phenomenon were observed in experiment 1. In experiment 2, I tested the effects we found in experiment 1 with real payoffs. First, the observed effect that people over-discount an outcome with an ambiguous realizing time was found only in individual level data analyses. Second, I found that the short term/long term asymmetry appeared in all cases across different conditions and experiment design.