Uncertainty

Uncertainty can broadly be defined as the lack of relevant and/or good-quality information for economic actors in a decision process. Uncertainty appears in different forms in all areas of the economy: individuals, firms & organizations, policy and markets. The study of uncertainty thus has a key importance in both economics and business administration. While extant work has mainly focused on evaluating uncertainty in one area of economics, this cluster analyzes the spillover effects of uncertainty in one economic area on another area.

The particular innovation of this research cluster is to combine heterogeneous areas from economics and business administration and investigate not just the problem of uncertainty in one of these areas, but especially discover the spillover effects of uncertainty in one area to another and therefore work on the interactions and links between these areas. In particular, the cluster will investigate the consequences of uncertainty spillovers between the areas of economic policy, markets, firms & organizations, and individuals.

SPEAKER

Prof. Dr. rer.nat. Philipp Sibbertsen
Professors
Address
Königsworther Platz 1
30167 Hannover
Building
Room
009
Prof. Dr. rer.nat. Philipp Sibbertsen
Professors
Address
Königsworther Platz 1
30167 Hannover
Building
Room
009