The Economics of Uncertainty

Turning Uncertainty into Risk

Educational Jun 1, 2020 29 min The Great Courses Signature Collection

Available on Prime Video, The Great Courses Signature Collection

S1 E2: When faced with an uncertain situation, try turning it into a "risky" situation. Risk is probability. Knowledge is power. This may sound counterintuitive, but it's a surprisingly effective approach, pioneered by University of Chicago economist Frank Knight. See where it applies and does not apply in economic settings.

Educational Jun 1, 2020 29 min The Great Courses Signature Collection

TV-PG

Information

Released: 2020
Run Time: 29 min
Rated: TV-PG

Languages

Audio: English (AAC), English (United States)
Subtitles: English (CC)

Accessibility

: Closed captions (CC) refer to subtitles in the available language with the addition of relevant non-dialogue information.