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Knightian Uncertainty and Bayesian Entrepreneurship · Study

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PreprintKnightian Uncertainty and Bayesian Entrepreneurship

Joshua S. Gans2025

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Preprintgreen2025

Knightian Uncertainty and Bayesian Entrepreneurship

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Decision-Making and Behavioral Economics Entrepreneurship Studies and Influences Private Equity and Venture Capital

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References

1961Risk, Ambiguity, and the Savage Axioms 2001Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency 1937The General Theory of Employment 1953Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine 1989Maxmin expected utility with non-unique prior 1945Theory of Games and Economic Behavior 2011The lean startup : how today's entrepreneurs use continuous innovation to create radically successful businesses 2006What to do next? The case for non‐predictive strategy

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2021Entrepreneurs as Scientists: A Pragmatist Approach to Producing Value Out of Uncertaintyarticle · 7 shared references 2014Ambiguity and Nonexpected Utilitychapter · 7 shared references 2021F. H. Knight’s Risk, Uncertainty, and Profit and J. M. Keynes’ Treatise on Probability after 100 yearsarticle · 7 shared references 2013Reading the right signals and reading the signals right: IPE and the financial crisis of 2008article · 6 shared references 2008Generalizations of SEU: a geometric tour of some non-standard modelsarticle · 6 shared references 2025Decision Under Uncertainty: State of the Sciencereview · 6 shared references

Details

Year2025

Typepreprint

Published2025-01-01

VenueSSRN Electronic Journal

ISSN-L1556-5068

Languageen

Citations0

Files0 public / 0

ShelfDecision-Making and Behavioral Economics

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doi10.2139/ssrn.5150894

openalex_workW4407918527

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