TY  - EJOUR
A1  - Mottet, Stéphane
TI  - Risk, uncertainty and behavioral economics - A Proposal for a Re-reading of Knight
T2  - Entreprise & Société, n° 10 - Special Issue. varia
JO  - Entreprise & Société (ISSN 2554-9626)
DO  - 10.48611/isbn.978-2-406-14227-0.p.0125
SN  - 2554-9626
SP  - 125
EP  - 140
AB  - The classic distinction between risk and uncertainty is a famous one yet its real implications are often ignored. This paper revisits Knight’s essay, particularly his intuitions about what is now known as behavioral economics. Knight’s approach is based on psychology, and tries to better understand people’s attitude towards uncertainty. Unfortunately, the Chicago School (which Knight co-founded) chose to ignore these insights.
PY  - 2022
DA  - 2022/12/28
DP  - Classiques Garnier
PB  - Classiques Garnier
CY  - Paris
KW  - risk, uncertainty, history of economic thought, behavioral economics.
LA  - eng
UR  - https://classiques-garnier.com/entreprise-societe-n-10-special-issue-varia-risk-uncertainty-and-behavioral-economics.html
Y2  - 2024/06/01
ER  -