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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Bibliographic Details
Format: Video
Language:English
Published: [San Francisco, California, USA] : The Great Courses, 2015.
Kanopy Streaming, 2016.
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Online Access:View this video online

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