Uncertainty in Strategic Decision Making: Analysis, Categorization, Causation and Resolution - Couverture rigide

Arend, Richard J.

 
9783031485527: Uncertainty in Strategic Decision Making: Analysis, Categorization, Causation and Resolution
Couverture rigide
ISBN 10 : 3031485521 ISBN 13 : 9783031485527
Editeur : Palgrave Macmillan, 2024

Synopsis

Knight (1921) defines uncertainty as an informational market failure that, while being detrimental to most existing businesses, presents possible profitable opportunities for others. This book builds upon that classic work by providing an analysis of the alternative approaches to strategic decision-making under such uncertainty. It covers what uncertainty is, why it is important, and what connections it has to business and related fields, culminating in a new and comprehensive typology and a valuable guide for how to appropriately address various types of uncertainties, even under AI.

It clarifies the current terminological and categorical confusion about 'unknowns' while complementing the mathematical, probability-based approaches that treat uncertainty as 'knowable' (i.e., as risk). It corrects the mistaken approaches that treat 'unknowables' as 'shapeable' or 'discoverable'. This book widens the perspective for viewing uncertainty, in terms of its impacts across humanity, byoffering a shrewder understanding of what roles uncertainties play in human activity. It will appeal to academics across business, economics, philosophy, and other disciplines looking for approaches to apply, test, and hone for dealing with decision-making under uncertainty.



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À propos de l?auteur

Richard J. Arend is the L.L. Bean/ Lee Surace Chair in Strategic Management at the University of Southern Maine, USA. He specializes in strategic decision-making under uncertainty and in the critical assessments of the current theories of strategy and of entrepreneurship. He has authored two previous books - one on building better theory and one on wicked entrepreneurship.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Palgrave Macmillan
Date d'édition
2024
Langue
anglais
ISBN 10 
3031485521
ISBN 13 
9783031485527
Reliure
Relié
Nombre de pages
479
Coordonnées du fabricant
ProductSafety@springernature.com
ProductSafety@springernature.com

Poststr. 9
Darmstadt
64293
Allemagne

Autres éditions populaires du même titre

9783031485558: Uncertainty in Strategic Decision Making: Analysis, Categorization, Causation and Resolution

Edition présentée

ISBN 10 :  3031485556 ISBN 13 :  9783031485558
Editeur : Palgrave Macmillan, 2025
Couverture souple