“Knowledge is more a matter of learning than of the exercise of absolute judgment. Learning requires time, and in time the situation dealt with, as well as the learner, undergoes change.”
Quote by Frank Knight
Work
Risk, Uncertainty and Profit
This book delves into the theoretical and practical aspects of risk and uncertainty, offering insights into how individuals and organizations can navigate these challenges to achieve profit. It examines various risk management strategies and the psychological factors that influence decision-making under uncertainty. more
Author
Frank Knight
Frank Knight was an American economist born on November 7, 1885, and died on April 15, 1972. He is renowned for his contributions to the theory of risk and uncertainty in economics. more
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Source: Kandinsky, Complete Writings on Art