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This 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.
- Format: Pocket/Paperback
- ISBN: 9780486447759
- Språk: Engelska
- Antal sidor: 448
- Utgivningsdatum: 2006-04-01
- Förlag: Dover Publications Inc.