Risk, Uncertainty, and Profit

The Economic Theory of Uncertainty in Business Enterprise, and its Connection to Profit and Prosperity in Society

Autor*innen

• Frank H. Knight

Parameter

• 216 Seiten
• 8 Lesestunden

• Geschichte
• Handel und Verkauf
• Philosophie
• Sachliteratur
• Wirtschaft

Mehr zum Buch

Exploring the concepts of risk and uncertainty, this groundbreaking economic theory delves into their distinct characteristics. Risk is portrayed as measurable and quantifiable, while uncertainty eludes such classification. The work offers a profound understanding of how these elements affect profit, providing valuable insights into decision-making processes in economics.

• Sprache: Englisch
• Erscheinungsdatum: 2018
• Einband: Paperback