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T his study examines the effects of different uncertainty types on interorganizational imitation in firm exit decisions. We draw on herding models to conceptualize exit decisions as being based on a firm's private information, which the firm updates with information inferred from observing the actions of others. We posit that different types of uncertainty differentially affect this observational learning process; in particular, we propose that certain uncertainty types attenuate (rather thandoi:10.1287/orsc.2013.0823 fatcat:rs7f42bqkvaihli3ftw3p3aiwi