J. M. Keynes on probability versus F. H. Knight on uncertainty: reflections on the miracle year of 1921
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DOI: 10.1007/s40844-016-0039-0
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References listed on IDEAS
- J. M. Keynes, 1937. "The General Theory of Employment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(2), pages 209-223.
- George A. Akerlof, 2009. "How Human Psychology Drives the Economy and Why It Matters," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1175-1175.
- Daniel Kahneman & Amos Tversky, 2013.
"Prospect Theory: An Analysis of Decision Under Risk,"
World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127,
World Scientific Publishing Co. Pte. Ltd..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
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Cited by:
- Yasuhiro Sakai, 2019. "Daniel Ellsberg on J.M. Keynes and F.H. Knight: risk ambiguity and uncertainty," Evolutionary and Institutional Economics Review, Springer, vol. 16(1), pages 1-18, June.
- Katarzyna Boratyńska, 2021. "A New Approach for Risk of Corporate Bankruptcy Assessment during the COVID-19 Pandemic," JRFM, MDPI, vol. 14(12), pages 1-14, December.
- Yasuhiro Sakai, 2016. "Liverpool Merchants versus Ohmi Merchants:How and Why They Dealt with Risk and Insurance Differently," Discussion Papers CRR Discussion Paper Series A: General 19, Shiga University, Faculty of Economics,Center for Risk Research.
- Yasuhiro Sakai, 2018. "Liverpool merchants versus Ohmi merchants: how and why they dealt with risk and insurance differently," Asia-Pacific Journal of Regional Science, Springer, vol. 2(1), pages 15-33, April.
- Yasuhiro Sakai, 2020. "From general equilibrium theory to the economics of uncertainty: a personal perspective," Evolutionary and Institutional Economics Review, Springer, vol. 17(1), pages 133-143, January.
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More about this item
Keywords
J. M. Keynes; F. H. Knight; J. R. Hicks; Risk; Probability; Uncertainty;All these keywords.
JEL classification:
- B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
- B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
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