Purpose – This paper comments on Theodore Koutsobinas's recent contribution to the debate on the formation of expectations in situations of strong uncertainty. Design/methodology/approach – The set of comments focuses not on doctrinal-historical issues, but on Koutsobinas's theoretical...

Purpose – This paper comments on Theodore Koutsobinas's recent contribution to the debate on the formation of expectations in situations of strong uncertainty. Design/methodology/approach – The set of comments focuses not on doctrinal‐historical issues, but on Koutsobinas's theoretical...