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Keywords: uncertainty
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Chapter
Technospiritual Reflexivity
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Alireza Doostdar
Published: 20 March 2018
...This chapter examines how sinful images of animality that appear in hagiographies of mystics become focal points for anxiety about moral uncertainty and the pious subject's uncanny otherness to itself. Critics of hagiographies frequently complained of the murkiness of moral standards, the blurring...
Chapter
An Age of Risk, a Liberalism of Anxiety
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Emily C. Nacol
Published: 13 September 2016
...This chapter returns to the lessons of the eighteenth century in discussing risk, in particular exploring the role of liberalism in early modern Britain's preoccupation with risk. Preoccupation with uncertainty, a view of risk as hazard, and profound feelings of insecurity marked eighteenth-century...
Chapter
Europe Digs Deeper
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Martin Sandbu
Published: 14 March 2017
..., political ill will, and uncertainty. bail out bond credit debt democracy European Central Bank ECB lender of last resort policy programme Portugal restructuring structural reforms technocracy troika Dublin European Financial Stability Facility EFSF firewall fiscal stimulus Germany Italy...
Chapter
Learning to See, to Adapt to, and to Value Uncertainty
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Han Smit and Thras Moraitis
Published: 18 January 2015
...Figure 1.1 The Ponzo Illusion: How Perspective Can Bias Vision Source : Walt Anthony, 2006, used with permission. The Ponzo Illusion: http://opticalillusions4kids.blogspot.nl . Figure 1.2 Perceived Uncertainty in the Payoff of Acquisitions (Inner Distribution) Is Lower...
Chapter
Parametric Uncertainty and Fat Tails
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Christian Gollier
Published: 11 November 2012
...This chapter shows how the probability distribution for economic growth is subject to some parametric uncertainty. There is a limited data set for the dynamics of economic growth, and the absence of a sufficiently large data set to estimate the long-term growth process of the economy implies...
Chapter
Credit and Trade in the New South
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Martin Ruef
Published: 24 August 2014
...This chapter discusses the uncertainties surrounding the trade among country merchants, manufacturers, and wholesalers. Often separated by distances of hundreds of miles, their exchange relationships had little recourse to the social devices used to manage uncertainty within Southern communities...
Chapter
Introduction
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Phillipa K. Chong
Published: 14 January 2020
...This introductory chapter presents a study of book reviewing from the perspective of the reviewers. It examines two major dimensions of this research—the study of critics and evaluation as a response to quality uncertainty. The chapter explores the ways in which critics impact book culture...
Chapter
Accounting for Taste
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Phillipa K. Chong
Published: 14 January 2020
... explores the procedures critics employ to determine the quality of books, including consideration of the different criteria used when they evaluate books. Individually, there is radical quality uncertainty inherent in reviewing books, and critics' specific readings will appear to have a limited value...
Chapter
Conclusion
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Phillipa K. Chong
Published: 14 January 2020
...This chapter illustrates how the different types of uncertainty structure how fiction reviewers operate. Common to the preceding chapters is the finding that when confronted with different types of uncertainty, reviewers devise “personalized” responses. To be clear, while critics experience...
Chapter
Predictor Feedback for Uncertainty-Free Systems
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Yang Zhu and Miroslav Krstic
Published: 28 April 2020
...This chapter assesses predictor feedback for uncertainty-free systems. The previous chapters investigated predictor control problems of uncertain single-input or multi-input LTI systems with discrete input delays. This chapter extends the predictor method to compensate for another big family...
Chapter
Reasonable Care under Uncertainty
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Charles F. Manski
Published: 10 September 2019
...This chapter develops decision-theoretic principles for reasonable care under uncertainty. It discusses some reasonable ways to choose among undominated actions. When addressing this issue, decision theorists have distinguished three primary situations regarding information that a decision maker...
Chapter
Published: 22 January 2013
...This chapter examines John Maynard Keynes' views on knowledge, expectations, and rationality. It focuses not only on Keynes' ideas on expectation formation but also on the degree of confidence attached to those expectations (i.e., uncertainty) and what this means for macroeconomic theory. After...
Chapter
Choice under uncertainty
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David M. Kreps
Published: 26 May 2020
... Market demand uncertainty and Uncertainty Marshallian demand Consumption bundles Prices Insurance Actuarial fairness demand for insurance and Actuarial unfairness demand for insurance and Financial assets demand for and uncertainty Riskless assets demand for Risky assets Short selling demand...
Book
A Course in Microeconomic Theory
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David M. Kreps
Published online: 20 May 2021
Published in print: 26 May 2020
..., pointing out both strengths and weaknesses. The book begins with an exposition of the standard models of choice and the market, with extra attention paid to choice under uncertainty and dynamic choice. General and partial equilibrium approaches are blended, so that the student sees these approaches...
Book
Published online: 18 January 2018
Published in print: 13 September 2016
... thinkers differentiated uncertainty about the future from probabilistic calculations of risk, they remained attentive to the ways uncertainty and risk remained in a conceptual tangle, a problem that constrained good decision making. They developed sophisticated theories of trust and credit as crucial...
Chapter
Published: 24 August 2014
...This chapter assesses whether the class structure of the South changed in the postbellum era and whether different individual and locational attributes predicted who would come to occupy preferred social positions. It suggests another source of categorical uncertainty during Reconstruction...
Chapter
Extending the Ramsey Rule to an Uncertain Economic Growth
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Christian Gollier
Published: 11 November 2012
...This chapter considers the prospect of uncertainty in planning for the future. In fact, it is commonly accepted that individuals are ready to sacrifice more in the present for the future when this future becomes more uncertain. Keynes was the first to mention this idea by pointing out...
Chapter
A Theory of the Decreasing Term Structure of Discount Rates
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Christian Gollier
Published: 11 November 2012
...This chapter aims to provide a unified theoretical foundation to the term structure of discount rates. To do this the chapter develops a benchmark model based on two assumptions: individual preferences toward risk, and the nature of the uncertainty over economic growth. Previously, it was shown...
Chapter
What Is Light, Really?
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Sönke Johnsen
Published: 25 December 2011
... mechanics. At first glance, quantum mechanics does not seem that strange—its name is based on the fact that light comes in units and that electrons have discrete energy states. It also includes the uncertainty principle, which states that one cannot know certain pairs of physical properties with perfect...
Chapter
Repercussions
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John T. Hamilton
Published: 05 May 2013
... is of a piece both with his ecumenism and with his moral and political views. The Cartesian who rejects phenomena as false simply because they can be doubted lacks the courage to face conflicts that may arise within any aspect of human experience. Instead, Leibniz refused to be daunted by uncertainty...