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Uncertainty: individuals, institutions and technology

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  • David Dequech

Abstract

In an attempt to refine the concept of uncertainty, this paper elaborates an ontology of the social world concentrating on individuals, institutions and technology. It shows the strong entwinement of the ontological aspects of the conceptualisation of uncertainty and epistemological ones. It highlights the ontological and epistemological dimensions of different concepts of uncertainty, such as fundamental uncertainty, procedural uncertainty, ambiguity and weak uncertainty (or risk). It also comments on a few writings that distinguish varieties of uncertainty with adjectives such as 'ontological' and 'epistemological' or 'epistemic'. Copyright 2004, Oxford University Press.

Suggested Citation

  • David Dequech, 2004. "Uncertainty: individuals, institutions and technology," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 28(3), pages 365-378, May.
    • Handle: RePEc:oup:cambje:v:28:y:2004:i:3:p:365-378
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    File URL: http://hdl.handle.net/10.1093/cje/beh017
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    Citations

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    Cited by:

    1. A. Arrighetti & S. Curatolo, 2010. "Opportunismo e coordinamento: soluzioni regolative e istituzionali," Economics Department Working Papers 2010-EP02, Department of Economics, Parma University (Italy).
    2. Miguel Vazquez, 2018. "Institutional dynamics in an economy seen as a complex adaptive system," IEFE Working Papers 104, IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy.
    3. Francis William Mmari & Saganga Mussa Kapaya, 2022. "Financial service access and agriculture commercialization of smallholder rice growers in Kilombero District: The moderating role of institutional cultural cognitive," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(8), pages 409-418, November.
    4. Baustert, Paul & Othoniel, Benoit & Rugani, Benedetto & Leopold, Ulrich, 2018. "Uncertainty analysis in integrated environmental models for ecosystem service assessments: Frameworks, challenges and gaps," Ecosystem Services, Elsevier, vol. 33(PB), pages 110-123.
    5. Leymann, Gunnar & Lundan, Sarianna, 2023. "From structural to transition effects: Institutional dynamism as a deterrent to long-term investments by MNEs," International Business Review, Elsevier, vol. 32(3).
    6. Franck Bessis & Guillemette de Larquier & John Latsis, 2009. "Are conventions solutions? Contrasting visions of the relationship between convention and uncertainty," Working Papers hal-04140883, HAL.
    7. Paul Lewis, 2008. "Solving the “Lachmann Problem”: Orientation, Individualism, and the Causal Explanation of Socioeconomic Order," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(5), pages 827-857, November.
    8. Dequech, David, 2006. "The new institutional economics and the theory of behaviour under uncertainty," Journal of Economic Behavior & Organization, Elsevier, vol. 59(1), pages 109-131, January.
    9. Christopher Schlägel & Birgitta Wolff, 2010. "Länderspezifische Effekte von Reputation und Information in Internetauktionen," Schmalenbach Journal of Business Research, Springer, vol. 62(62), pages 14-41, January.
    10. Gilberto Tadeu Lima & Mark Setterfield & Jaylson Jair da Silveira, 2014. "Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 37(2), pages 255-279, December.
    11. David Dequech, 2008. "Varieties of uncertainty: a survey of the economic literature," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807211223070, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    12. Kim, Yongjae, 2017. "The effect of process management on different types of innovations: An analytical modeling approach," European Journal of Operational Research, Elsevier, vol. 262(2), pages 771-779.

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