Turning Uncertainty into Risk
When faced with an uncertain situation, try turning it into a “risky” situation. Risk is probability. Knowledge is power. This may sound counterintuitive, but it’s a surprisingly effective approach, pioneered by University of Chicago economist Frank Knight. See where it applies and does not apply in...
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Format: | Video |
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Language: | English |
Published: |
[San Francisco, California, USA] :
The Great Courses,
2015.
Kanopy Streaming, 2016. |
Subjects: | |
Online Access: | View this video online |
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