Knightian uncertainty

名词 n.

英文释义

名词 n.
  1. A lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk. countable,uncountable
    — In addition, it is hard currently to assign probabilities to these scenarios. This is something economists refer to as Knightian uncertainty.

词形变化

Knightian uncertainties plural

词源

Named after University of Chicago economist Frank Knight (1885–1972).
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