That s not to say traders have greater insight into the cost than everyone else, it s only indicative of the powerful effect uncertainty can have when pricing stocks.
This ignores the deterring effect of uncertainty that even-less-than-perfect anti-missile technologies introduce in the minds of attackers, especially if differing technologies are used in a layered and synergistic approach.
This worked well until 1964, when a devastating report from the surgeon-general's advisory committee in effect ended medical uncertainty about the harmfulness of smoking.
He is -- we are certainly aware of the concern in the business community that this has created, the dampening effect that the uncertainty has caused to the economy.
Because of the retroactive effect of the act and uncertainty about its scope, Judge Miller amended his decision in August 2009, allowing the workers to bring back the ADEA claim.
The uncanny valley effect could have to do with uncertainty about whether a robotic character is truly alive or dead, and even play into our deep-seated fears of death.
Traditionally it is the dollar to which investors rush at times of uncertainty, though measuring the effect of safe-haven status is difficult.
But rest assured the uncertainty is already having an effect.
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Although the UK is not a member of the single currency, 40% of its trade is with the eurozone and Mr Osborne said there were signs the continuing uncertainty was having a direct effect on the UK economy - which has seen sluggish growth.
Large-scale land concessions often generate a planning blight effect, which here refers to the uncertainty and deleterious effects on the social fabric and economic activities in targeted areas once a land allocation decision is made, or once negotiations between government and prospective investors have begun.
In situations of great ambiguity and uncertainty, first offers have a strong anchoring effect they exert a strong pull throughout the rest of the negotiation.
The Welsh Ambulance Service had been without a budget since April and the Welsh Liberal Democrats feared the uncertainty over money could have a knock-on effect on patients.
However, there have been factors which influenced its commercial performance including the uncertainty of the Northern Ireland peace process and its effect on inward tourism over the last three years.
That is principally because economic uncertainty in South Korea has had a knock-on effect in Sri Lanka.
"A likely explanation for the sharp decline in Federal defense spending is uncertainty concerning the automatic spending cuts that were scheduled to take effect in January, " and are now set for March 1.
Add to the mix medium-run uncertainty (i.e. several years down the road) about the effect of the recent health care legislation and financial regulatory reform.
Will long-term forecasting is, of course, inherently difficult and there is extreme uncertainty about a commodity like oil that is affected by, and has an effect on, the overall health of the global economy.
In the U.S., uncertainty over the near-term, with a looming fiscal cliff and the potentially nefarious effect of a new debt ceiling debate still to come, have kept investors on edge.
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