Knightian uncertainty
Noun
Meaning
Knightian uncertainty (countable and uncountable, plural Knightian uncertainties)
A lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk.
Noun
Knightian uncertainty (countable and uncountable, plural Knightian uncertainties)
A lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk.