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have developed notions of uncertainty that deeply intersect, both describing a state where outcomes have non … philosophies, scientific epistemologies, and their famous works on uncertainty, published in the same year—1921. We show that … liberal, holding uncertainty and paradox to be the permeating fact of human existence, which implied, for Knight, significant …
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In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in … careful analysis of ontological theories of uncertainty explains the blindness of modern economics to economic phenomena such … New Uncertainty Paradigm in economics …
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Probability, the General Theory,and the 1937 Quarterly Journal of Economics, reveal that Keynes’s discussions about uncertainty in … the General Theory, and the 1937 Quarterly Journal of Economics article are simply small ,minor footnotes to the A … mention or make any reference to the 1937 Quarterly Journal of Economics article, which Joan Robinson, G L S Shackle, Paul …
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exploitation of non‐renewable resource markets; (iii) uncertainty, irreversible investments, and option values; and (iv) economic …
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