Titlebook: J.M. Keynes Versus F.H. Knight; Risk, Probability, a Yasuhiro Sakai Book 2019 Springer Nature Singapore Pte Ltd. 2019 J.M. Keynes.F.H. Knig

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2198-4204 onomics of nuclear power generation as an application of theThis book critically discusses and systematically compares J.M. Keynes and F. H. Knight, two giants in the history of economic thought. In 1921 they both published apparently similar books on risk, probability, and uncertainty. However, whi

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Book 2019oth published apparently similar books on risk, probability, and uncertainty. However, while Knight‘s contribution on risk and uncertainty is now well recognized, Keynes‘s work on probability and uncertainty has been somewhat ignored in the shadow of his more famous .The General Theory of Employment

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J.M. Keynes on Probability Versus F.H. Knight on Uncertainty: Reflections on the Miracle Year of 192ability and uncertainty can be compared to Knight’s distinction between a measurable risk and a non-measurable uncertainty. This paper also contains some new materials such as J.R. Hicks on decision and probability, thus intensively discussing how he has been influenced by the two predecessors, Keynes and Knight.

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Frank H. Knight on Uncertainty and Profit: Manager Versus Entrepreneurt as its reward. In contrast to the manager who are doing just routine jobs every day, the entrepreneur dares to engage in new venturous activities, thus playing the central figure of the capitalist system. We live in the new age of uncertainty. The second Knight is urgently needed.

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An Application to Nuclear Power Generation: From Daniel Bernoulli to J.M. Keynes and F.H. Knightach to nuclear energy. As the saying goes, we can learn new lessons from old teachings: we have to reexamine the economics of J.M. Keynes and F. H. Knight. There are surely new possibilities for future research.

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2198-4204 of probability and uncertainty and Knight‘s distinction between a measurable risk and a non-measurable uncertainty. This timely book unifies Keynes and Knight into a new, comprehensive approach to a very complex human behavior.978-981-13-8002-0978-981-13-8000-6Series ISSN 2198-4204 Series E-ISSN 2198-4212

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Yasuhiro Sakairch zertifizierte Rater mit CLASS Pre-K eingesch?tzt. Ausgehend von den zun?chst unzureichenden Beurteilerübereinstimmungen wurde ein Kalibrierungsprozess eingeleitet. Es zeigte sich, dass sich das Verfahren bew?hrt hat und die Interrater-Reliabilit?t deutlich verbessert werden konnte.

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