Risk, Uncertainty and Profit
By (author) Frank H. Knight
Risk, Uncertainty and Profit by Frank H. Knight
Book DescriptionThis revolutionary work taught the world how to systematically distinguish between risk - randomness with knowable probabilities - and uncertainty - randomness with unknowable probabilities - 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.
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Book DetailsISBN: 9780486447759
(217mm x 162mm x 22mm)
Imprint: Dover Publications Inc.
Publisher: Dover Publications Inc.
Publish Date: 28-Apr-2006
Country of Publication: United States
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