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Risk, Uncertainty, and Profit
The Economic Theory of Uncertainty in Business Enterprise, and its Connection to Profit and Prosperity in Society (Hardcover)
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Valoración del libro
Parámetros
- 216 páginas
- 8 horas de lectura
Más información sobre el libro
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.
Compra de libros
Risk, Uncertainty, and Profit, Frank H. Knight
- Idioma
- Publicado en
- 2018
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- (Tapa dura)
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