Uncertainty in economics

Köhn, J. (2017). Uncertainty in economics: a new approach. Springer.

Type

Book

Intellectual base

Review or monograph

Year

2017

Link

no authoritative link yet

Cited by

1 citation across 1 artifact.

Domain-specific

• Knightian uncertainty
  • The boundary from risk is epistemic and model-relative, not synonymous with any low-probability event, and later formalizations using sets of priors do not exhaust Knight’s original distinction.

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