"classical" view of uncertainty (Knight, Keynes, Shackle and Davidson) that a "modern" approach to uncertainty could originally … notion emerges in the works by Knight, Keynes, Shackle and Davidson. It focuses on the uniqueness of each approach. It is … share an emphasis on the conceptual distinction between (probabilistic) risk and uncertainty, as well as on their …

the main economic theories of uncertainty (provided by Knight, Keynes and Hayek), I show how this notion is paradoxically … notion of both fields: uncertainty and the ways of thinking about it developed by the two disciplines. After having presented … excluded from the economic field. In economics, uncertainty is totally reduced by an a priori Gaussian framework—in contrast to …