Articles liés à Risk, Uncertainty and Profit (Classic Reprint)
Synopsis
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 was determined by probability distributions that could be evaluated at the outset. The book is divided into twelve chapters, each of which focuses on a different aspect of Knight's theory. Specific chapters are devoted to the place of profit and uncertainty in economic theory, the theory of choice and exchange, structures and measured for meeting uncertainty, and the social aspects of uncertainty, amongst other topics.
Frank Knight was a talented economist and a skilled writer. His work in Risk, Uncertainty, and Profit surely marks the highpoint of his career and serves as the clearest declaration of his economic philosophies. Both the layman and the keen student of economics will find much to appreciate in this work. Knight spent much of his academic career at the University of Chicago and this title builds on the work Knight completed for his Ph.D. dissertation.
Risk, Uncertainty, and Profit is a thoughtful and influential treatise on the subjects of risk and uncertainty. Knight's work should be considered a must read for passionate students of economics, as well as any individual curious about how the economy functions on both a macro and micro level.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Présentation de l'éditeur
This series of books owes its existence to the generosity of Messrs. Hart, Schaffner Marx, of Chicago, who have shown a special interest in trying to draw the attention of American youth to the study of economic and commercial subjects. For this purpose they have delegated to the uudersigned committee the task of selecting or approving of topics, making announcements, and awarding prizes annually for those who wish to compete. For the year ending June 1, 1917, there were offered: In Class A, which included any American without restriction, a first prize of $1000, and a second prize of $500. In Class B, which included any who were at the time undergraduates of an American college, a first prize of $300, and a second prize of $200. A ny essay submitted inC lass B, if deemed of sufficient merit, could receive a prize inC lass A. The present volume, submitted inC lass A, was awarded second prize in that class. J. Laurence Laughlin, Chairman University of Chicago J. B. Clark Columbia University Henry C. A dams University of Michigan Edwin F. Gay N.Y. Evening Post Theodore
(Typographical errors above are due to OCR software and don't occur in the book.)
About the Publisher
Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.
Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org
Présentation de l'éditeur
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 was determined by probability distributions that could be evaluated at the outset. The book is divided into twelve chapters, each of which focuses on a different aspect of Knight's theory. Specific chapters are devoted to the place of profit and uncertainty in economic theory, the theory of choice and exchange, structures and measured for meeting uncertainty, and the social aspects of uncertainty, amongst other topics.
Frank Knight was a talented economist and a skilled writer. His work in Risk, Uncertainty, and Profit surely marks the highpoint of his career and serves as the clearest declaration of his economic philosophies. Both the layman and the keen student of economics will find much to appreciate in this work. Knight spent much of his academic career at the University of Chicago and this title builds on the work Knight completed for his Ph.D. dissertation.
Risk, Uncertainty, and Profit is a thoughtful and influential treatise on the subjects of risk and uncertainty. Knight's work should be considered a must read for passionate students of economics, as well as any individual curious about how the economy functions on both a macro and micro level.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
- ÉditeurForgotten Books
- Date d'édition2019
- ISBN 10 1440084726
- ISBN 13 9781440084720
- ReliureBroché
- Langueanglais
- Nombre de pages396
- Coordonnées du fabricantnon disponible
Acheter neuf
Afficher cet article
EUR 27,15
EUR 0,75 expédition depuis Etats-Unis vers France
Destinations, frais et délaisAutres éditions populaires du même titre
Résultats de recherche pour Risk, Uncertainty and Profit (Classic Reprint)
Image d'archives
Risk, Uncertainty and Profit (Classic Reprint)
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781440084720
Quantité disponible : 15 disponible(s)
Image d'archives
Risk, Uncertainty and Profit (Classic Reprint)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 4 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781440084720
Quantité disponible : 15 disponible(s)
Image fournie par le vendeur
Risk, Uncertainty and Profit (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book delves into the complex world of economics, exploring the role of "profit" and "uncertainty" within the framework of a competitive market. Challenging the notion that economic principles can be applied universally without adjustments, the author argues for a nuanced understanding of how these laws operate in the real world. Through a critical examination of existing theories of profit, the author sheds light on the crucial distinction between "risk" as a measurable probability and "uncertainty" as something inherently unquantifiable. This distinction forms the foundation for a deeper analysis of the dynamics of free enterprise and the factors that contribute to the persistent gap between theoretical ideals and actual economic outcomes. By delving into the structures and methods employed to navigate uncertainty, the book reveals the critical role of the entrepreneur in assuming risk and driving economic progress. The author further examines the social implications of uncertainty and profit, questioning the distribution of control and responsibility within the current system. Ultimately, this book offers a thought-provoking exploration of the inherent complexities and limitations of a competitive economic order, prompting us to re-evaluate our expectations and consider the true costs and benefits of uncertainty in shaping our economic reality. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781440084720_0
Quantité disponible : Plus de 20 disponibles
Image fournie par le vendeur
RISK UNCERTAINTY & PROFIT (CLA
Vendeur : moluna, Greven, Allemagne
Évaluation du vendeur 4 sur 5 étoiles
Etat : New. KlappentextrnrnRisk, 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 wh. N° de réf. du vendeur 2148538091
Quantité disponible : Plus de 20 disponibles
Image d'archives
Risk, Uncertainty and Profit (Classic Reprint)
impression à la demandeVendeur : Revaluation Books, Exeter, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Paperback. Etat : Brand New. 396 pages. 9.00x6.00x0.90 inches. This item is printed on demand. N° de réf. du vendeur zk1440084726
Quantité disponible : 1 disponible(s)