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Price uncertainty |
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Price uncertaintyChance that the future price of an asset will change.Price uncertainty Similar MatchesInflation uncertaintyInflation uncertaintyThe fact that future inflation rates are not known. It is a possible contributing factor to the makeup of the term structure of interest rates. UncertaintyUncertaintyFailure to know anything that may be relevant for an economic decision, such as future variables, details of a technology, or sales. In models, uncertainty usually appears as a random variable and corresponding probability density function. But in practice, most international models, especially of trade, assume certainty. Endogenous uncertaintyEndogenous uncertaintyDescribes factors within the control of the firm, such as a decision to reveal information about price or input costs. Converse of exogenous. |
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