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Risk, Uncertainty and Profit (Dover Books on History, Political and Social Science) Book
This revolutionary work taught the world how to systematically distinguish between risk â?? randomness with knowable probabilities â?? and uncertainty â?? randomness with unknowable probabilities â?? in order to accurately and properly ascertain a venture's potential profitability. Knight's methodology served as the foundation of the Chicago School of Economics.Read More
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- 0486447758
- 9780486447759
- Frank H Knight
- 1 January 2009
- Dover Publications Inc.
- Paperback (Book)
- 448
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The Smart Money£17.53
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