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For many years, the ideas of Knight and Keynes have been widely understood to overlap greatly and they are presumed to have developed notions of uncertainty that deeply intersect, both describing a state where outcomes have non-probabilistic likelihoods. Further, even their political...
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While judgment is typically viewed as a discrete decision process, we conceptualize it as a continuous and dynamic process of reassessment and revision. Adopting this approach, we revisit the nature of entrepreneurial decision-making under uncertainty. We begin with a novel typology of...
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I advance an epistemology-based argument for the decentralization of the (corporate) governance economic function. Impetus for this argument comes from a recent increase in decentralized approaches, including bossless (flat) organizations and decentralized autonomous organizations (DAOs)....
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