2 a wait-and-see situation is one in which someone is not sure what to do and decides to wait before taking any action:
Many investors are taking a wait-and-see approach while there is still uncertainty in the currency markets.
Next, the wait-and-see hypothesis considers the same variables as for the convergence hypothesis, but the inequality restrictions run in the opposite direction.
Second, in assessing appropriateness, the consequences of alternate procedures, including a wait-and-see approach, should be considered and documented.
The ' wait-and-see ' formulation of the encoding and marking theory can only be tested through future research.
These two variance results are at odds with the convergence story and are consistent with the wait-and-see hypothesis.
More plausible explanations are the wait-and-see and the two-of-kind hypotheses.
He uses a wait-and-see device, namely he does not use subordinate clauses at all until unambiguous information is available.
In other words, wait-and-see behavior predicts that the reduction in short-run volatility was only temporary at the time of the euro's introduction and thereafter foresees an increase in volatility.
I believe it is taking too much of a wait-and-see attitude.