From knowledge to individual action. Confidence, the hidden face of uncertainty. A rereading of the works of Knight and Keynes
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Mind and Society 3 (2):13-28 (2002)
The works of Knight (1921) and Keynes (1921, 1936) seek to clarify confusion about uncertainty. According to these authors, a precise analysis of uncertainty is required, in order to obtain a clear significance of the concept and understand the consequences for the decision process. Consequently, Knight and Keynes study the content of the decision process in uncertainty and converge towards similar views on the mobilization of confidence. Their works thus go beyond a simple examination of uncertainty, by also throwing light on the role and function of confidence in economic analysis. These works demonstrate that confidence is the prerequisite for individual action under uncertainty
|Keywords||uncertainty uncertain decision process individual action confidence|
No categories specified
(categorize this paper)
|Through your library||Configure|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
H. N. Pollack (2003). Uncertain Science ...: Uncertain World. Cambridge University Press.
Bradley Bateman (1996). Keynes's Uncertain Revolution. University of Michigan Press.
Sven Ove Hansson (1996). Decision Making Under Great Uncertainty. Philosophy of the Social Sciences 26 (3):369-386.
D. S. L. Jarvis, Theorizing Risk & Uncertainty in Social Enquiry: Exploring the Contributions of Frank Knight.
Giuseppe Fontana & Bill Gerrard (1999). Disequilibrium States and Adjustment Processes: Towards a Historical-Time Analysis of Behaviour Under Uncertainty. Philosophical Psychology 12 (3):311 – 324.
Guido Fioretti (2001). Von Kries and the Other ‘German Logicians’: Non-Numerical Probabilities Before Keynes. Economics and Philosophy 17 (2):245-273.
Brian Weatherson (2002). Keynes, Uncertainty and Interest Rates. Cambridge Journal of Economics 26 (1):47-62.
Marcelo Tsuji (2000). Partial Structures and Jeffrey-Keynes Algebras. Synthese 125 (1-2):283-299.
Added to index2010-08-10
Total downloads3 ( #224,045 of 1,088,831 )
Recent downloads (6 months)1 ( #69,665 of 1,088,831 )
How can I increase my downloads?