“Wide Angle”: Risk, Uncertainty and Profit by Frank H. Knight: An anniversary that Delivers Both Evidence and an Enigma
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28 décembre 2022
- handle: 10670/1.svoiqy
- hal: hal-03978615
- doi: 10.48611/isbn.978-2-406-14227-0.p.0017
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info:eu-repo/semantics/altIdentifier/doi/10.48611/isbn.978-2-406-14227-0.p.0017
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risk uncertainty institution economics anthropology.Sujets proches
Work, Method of Industry (Psychology) Method of work Academies (Learned societies) Net income AngleCiter ce document
Jérôme Méric et al., « “Wide Angle”: Risk, Uncertainty and Profit by Frank H. Knight: An anniversary that Delivers Both Evidence and an Enigma », HAL-SHS : économie et finance, ID : 10.48611/isbn.978-2-406-14227-0.p.0017
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There are at least two reasons to celebrate Frank Knight this year: the centenary of his great work Risk, Uncertainty and Profit (henceforth referred to as RUP) and the more general sense that uncertainty is now a central concern of societies. There is at least one good reason to do so here in Enterprise & Society (ENSO): Knight’s work delivers one of the first economic theories of the firm, and this theory is directly associated with a theory of the functioning of societies.