Risk, Uncertainty And Profit (Paperback)
|Author: Frank Hyneman Knight|
$12.10 + $3.75 SHIPPING
EARN 13 RAKUTEN SUPER POINTS™
What are Rakuten Super Points™?
Get rewarded when you shop! Earn 1 point per dollar spent. That's like getting cash back on every purchase. Easy to see matured points in checkout. Use points just like cash.Learn More
|Originally published: Boston: Houghton Mifflin, 1921, in series Hart, Schaffner & Marx prize essays on economics; no. 31.|
From the Publisher:
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.
A top trader takes you through the markets and revels ...
Corporations must decide how much to invest in the natural ...