Knightian uncertainty

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In economics, Knightian uncertainty is risk that is immeasurable, not possible to calculate.

Knightian uncertainty is named after Frank Knight (1885-1972).

[edit] See also

• Arrovian uncertainty
• Uncertainty#Relation between uncertainty, probability and risk

This economics or finance-related article is a stub. You can help Wikipedia by expanding it.

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Categories: Risk | Economics and finance stubs

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• This page was last modified 21:07, 26 March 2007 by Wikipedia user Michael Hardy. Based on work by Wikipedia user(s) Thomasmeeks, Eskimbot, Brighterorange, Maurreen, Pearle and Bluemoose and Anonymous user(s) of Wikipedia.
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