Risk, Uncertainty and Profit (Classic Reprint)
- ISBN-10
- 1334998019
- ISBN-13
- 9781334998010
- Category
- Business & Economics
- Pages
- 396
- Language
- English
- Published
- 2016-07-22
- Publisher
- Forgotten Books
- Author
- Frank H. Knight
Description
Risk, Uncertainty, and Profit is a book about economics, and the distinction between risk and uncertainty. Knight defined uncertain situations as those in which the outcome was unknowable, whereas risky situations were those in which the outcome wa
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