In 1994, two economists, Avinash K. Dixit of Princeton and Robert Pindyck of MIT wrote an influential book called Investment Under Uncertainty that showed that, since so many investment decisions are irreversible, people wait to acquire more information before they jump in.
Cognizant of the need for water managers, government leaders, civil society and businesses to work together to sustainably manage water under uncertainty and risk in an integrated and coordinated manner, UNESCO is hosting the Future Forum on "Global Water Futures 2050" at UNESCO Headquarters in Paris on 12 April 2012.
He loves making decisions under conditions of uncertainty, a decision process at the core of all weather forecasting.
These computer vision algorithms needed to be complemented with higher-level tools of analysis involving knowledge representation and reasoning, often under conditions of uncertainty.
During this session, water management under conditions of uncertainty and risk will be addressed through different perspectives - including water for urban settlements, valuation, pollution and disasters and the need for accurate information - with proper links to sustainable development.
Known variously as Generations X, Y, and Z or Busters, Millennials and Digitals these 20- to 40-somethings are said to be doomed to lives of under-achievement and financial uncertainty.
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Therefore, as enterprises are forced to transform in response to rapid social, technological and market change, so anticipating and competitively interpreting new opportunities and setting appropriate direction under conditions of complexity and uncertainty has become a key competitive skill perhaps the key skill leaders bring to their position.
The simple fact is that any recent player inducted to the Hall of Fame will enter under a veil of suspicion and uncertainty, regardless of what evidence exists.
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Although the Bank believes net outflows should stop in the coming months, Nomura says they little reason for such optimism given the lingering uncertainty about future tax policies under a new government.
There are many types of monetary rules under a fiat money regime that could reduce uncertainty, but most rely on some degree of forecasting.
That business does well when deficits increase, as they have under President George W. Bush, and when uncertainty about equities leads more people into treasuries, says Matthew Park, who covers the company for Thomas Wiesel.
The price fluctuations of 2007-09 suggested that uncertainty in the world of agriculture was deepening under the influence both of oil prices and capital flows.
In the meantime, while Europe has fiddled and denied reality, the Greek economy, labouring under a completely unsustainable burden and a debilitating level of uncertainty, has imploded.
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New startups are still finding their legs and could be bought or go under, but if you don't mind the uncertainty, they often have some of the most exciting new designs.
Which seems like a waste of time when two-thirds of the rules under Dodd-Frank remain unwritten and a source of ongoing uncertainty for our systematically important Financials sector.
Add in the very real blow to nuclear power prospects by the the existence of iodine and cesia in the Tokyo tap water and the uncertainty of getting the reactors in northern Japan completely under control and in repair.
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So far, the transition seems to have been orderly previous purges under his father had involved car crashes but there is enough uncertainty in a nuclear-armed state to leave plenty of concern.
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The former British under-19 champion is particularly savouring his appearance at the Crucible, with uncertainty surrounding the famous theatre's snooker link.
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Some think that estate tax uncertainty will continue, while others think that the estate tax reform under the Obama deal will be passed.
Given the frequency with which college coaches are courted by the NFL, the ultra competitive recruiting landscape, the higher-than-average academic standards relative to other Division I schools, and the inherent uncertainty of knowing how 18-22 year old kids will perform under pressure, there are no guarantees for prolonged success.
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Compounding the uncertainty is The Wall Street Journal's revelation last week that Goldman is under criminal investigation.
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But exercising his option for next season only furthers the long-term uncertainty of his situation because next season will be his final year in Orlando under the current contract.
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