Knightian Uncertainty and Bayesian Entrepreneurship
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https://www.nber.org/papers/w33507
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资源简介:
This paper examines the relationship between Knightian uncertainty and Bayesian approaches to entrepreneurship. Using Bewley's formal model of uncertainty and incomplete preferences, it demonstrates that key predictions from Bayesian entrepreneurship remain robust when accounting for Knightian
提供机构:
美国国家经济研究局
创建时间:
2025-02-01



