Forecasting among alternative strategies in the management of uncertainty

Article Abstract:

The formation of expectations or forecasting used in decision-making sometimes fall short of the rational expectations ideal where the forecast may not be part of the firm's optimal management of uncertainty. An expensive forecast will possibly be supplanted by the possibility to wait, the strategy to exchange projects, and a likelihood to discard the inferior project. All these behavioral options depend on allowing the flow of time interval show information freely which will be available only at substantial cost. At low costs, forecasting controls these strategies which do not make use of the maximal duration of an investment project.

Forecasting, Analysis, Management, Economic forecasting, Rational expectations (Economics), Business forecasting, Uncertainty

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Rural Internet access: over-subscription strategies, regulations and equilibrium

Article Abstract:

The usage of Internet usage in rural areas and benefits associated with this are evaluated by using game theoretical model.

United States, Administration of Urban Planning and Community and Rural Development, Rural Planning & Development, Usage, Evaluation, Internet, Technology application, Rural development, Rural areas, Sparsely populated areas

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