Uncertainty Cyclicity and Projectionness

Kuzmin, Evgeny (2015): Uncertainty Cyclicity and Projectionness. Published in: International Journal of Applied Engineering Research , Vol. 10, No. 17 (September 2015): pp. 37783-37791.

Abstract

The paper's research focus is a methodological issue of a relationship between the uncertainty and risks, their co-evolutionary influence on each other. To discuss this, we in details describe the "projectionness" as an available specific property of the economic mechanism. It manifests itself in variability of the uncertainty apperception force that presents a power of its transformation into the risk. In the author's model of the cycle, we have presented the uncertainty dynamics, where a multi-level vector of the spiral motion complements a traditional linear sequence in a turnover of various types of the uncertainty. An aprioristic connection between the entropy and risks allows us to make a reasonable conclusion in the paper that the preventive management task is selective regarding both the risks themselves, and the uncertainty.

• Item Type: MPRA Paper
• Language: English
• Keywords: Uncertainty, Sustainability, Projectionness, Cyclicity, Uncertainty vector, Risk tetraplet, Vartational uncertainty.
• Subjects: D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D81 - Criteria for Decision-Making under Risk and Uncertainty

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