Uncertainty and Enterprise: Venturing Beyond the Known
Autor Amar Bhidéen Limba Engleză Hardback – 19 ian 2025
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Specificații
ISBN-13: 9780197688359
ISBN-10: 0197688357
Pagini: 440
Dimensiuni: 165 x 237 x 41 mm
Greutate: 0.77 kg
Editura: Oxford University Press
Colecția OUP USA
Locul publicării:New York, United States
ISBN-10: 0197688357
Pagini: 440
Dimensiuni: 165 x 237 x 41 mm
Greutate: 0.77 kg
Editura: Oxford University Press
Colecția OUP USA
Locul publicării:New York, United States
Recenzii
[Frank] Knight has been forgotten or misconstrued repeatedly over the past century. A new book by the scholar Amar Bhidé brings back his original insights and dares to try to improve upon them mostly by extending them into realms that Knight didnt consider, such as the persuasive techniques that entrepreneurs use to overcome the uncertainty felt by investors, customers and partners.
In Uncertainty and Enterprise, Amar Bhidé reminds us of the importance of complexity and context in understanding human action. His wide-ranging insights connect contemporary events to timeless themes in a way that is both fresh and engaging.
An important book and a wonderful guide for flourishing in a rapidly changing world. Amar Bhidé illustrates how our destiny doesn't have to be controlled by authoritarian governments or impersonal scientific forces. We can shape our future, by holding true to our hallowed democratic traditions and honoring our best selves.
Uncertainty has long been a source of puzzlement-seen by some as central to economic life even as it remains frustratingly difficult to define or analyze. Amar Bhidé cuts through this confusion, providing a lucid journey through both the history of the concept and its ongoing commercial implications. The story he tells is provocative, humane, and always illuminating. Uncertainty and Enterprise will be a definitive resource for anyone who seeks to understand a big question that yields no easy answers.
A compelling argument for recognizing uncertainty as a key factor in economic analyses, and how to build it into our strategies. This is a magisterial synthesis of forgotten theories, and a persuasive appeal for reform in the economics profession. It offers thought-provoking insights for anyone seeking to navigate our turbulent times.
A work of breathtaking breadth...A deep understanding of the concepts is intertwined with personal details of some of the colorful key personas such as Knight, Keynes, Savage, Ellsberg, Simon, and Kahneman/Tversky. The story is wonderfully curated and Bhide is not afraid to give his own views on what works and what has turned out to be fruitless expeditions to barren landscapes.... I can think of no better overview of the concept of uncertainty.
[Bhidé] offers a fascinating array of stories, examples and ideas of great thinkers-some well-known, like John Maynard Keynes, others more obscure, like the economist Frank H. Knight-rather than relying solely on math or statistics. This book provides a new way of looking not only at risk but, more importantly, at uncertainty in an unpredictable world.
In Uncertainty and Enterprise, Amar Bhidé reminds us of the importance of complexity and context in understanding human action. His wide-ranging insights connect contemporary events to timeless themes in a way that is both fresh and engaging.
An important book and a wonderful guide for flourishing in a rapidly changing world. Amar Bhidé illustrates how our destiny doesn't have to be controlled by authoritarian governments or impersonal scientific forces. We can shape our future, by holding true to our hallowed democratic traditions and honoring our best selves.
Uncertainty has long been a source of puzzlement-seen by some as central to economic life even as it remains frustratingly difficult to define or analyze. Amar Bhidé cuts through this confusion, providing a lucid journey through both the history of the concept and its ongoing commercial implications. The story he tells is provocative, humane, and always illuminating. Uncertainty and Enterprise will be a definitive resource for anyone who seeks to understand a big question that yields no easy answers.
A compelling argument for recognizing uncertainty as a key factor in economic analyses, and how to build it into our strategies. This is a magisterial synthesis of forgotten theories, and a persuasive appeal for reform in the economics profession. It offers thought-provoking insights for anyone seeking to navigate our turbulent times.
A work of breathtaking breadth...A deep understanding of the concepts is intertwined with personal details of some of the colorful key personas such as Knight, Keynes, Savage, Ellsberg, Simon, and Kahneman/Tversky. The story is wonderfully curated and Bhide is not afraid to give his own views on what works and what has turned out to be fruitless expeditions to barren landscapes.... I can think of no better overview of the concept of uncertainty.
[Bhidé] offers a fascinating array of stories, examples and ideas of great thinkers-some well-known, like John Maynard Keynes, others more obscure, like the economist Frank H. Knight-rather than relying solely on math or statistics. This book provides a new way of looking not only at risk but, more importantly, at uncertainty in an unpredictable world.
Notă biografică
Amar Bhidé is Professor of Health Policy at Columbia University's Mailman School of Public Health and Professor of Business Emeritus at Tufts University's Fletcher School of Law and Diplomacy. He has researched and taught about innovation, entrepreneurship, and finance for over three decades. Bhidé is a member of the Council on Foreign Relations, a founding member of the Center on Capitalism and Society at Columbia, and a founding editor of Capitalism and Society. He is the author of A Call for Judgment: Sensible Finance for a Dynamic Economy; The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World; The Origin and Evolution of New Businesses; and Of Politics and Economic Reality. He has written numerous articles for the Harvard Business Review; The Wall Street Journal; The New York Times; the Financial Times; and Project Syndicate.