Risk, Uncertainty, and Profit

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

Auteurs

• Frank H. Knight

Paramètres

• 216 pages
• 8 heures de lecture

• Affaires et économie
• Commerce et vente
• Histoire
• Nonfiction
• Philosophie

En savoir plus sur le livre

The book presents a pivotal exploration of economic theory by differentiating between risk and uncertainty. It asserts that risk is quantifiable, allowing for measurement, while uncertainty remains immeasurable and elusive. This distinction has significant implications for understanding profit and decision-making in economic contexts, making it a crucial read for those interested in the foundations of economic thought.

Achat du livre

• Année de publication: 2018
• Reliure: (rigide)