Radical Uncertainty : Decision-Making Beyond the Numbers Suclass Code_0IG friendly guide

friendly guide

Based on an earlier book

" The next night

and fiercely honest look at how business owners fail to commit

Radical Uncertainty : Decision-Making Beyond the Numbers Suclass Code_0IG friendly guideSome uncertainties are resolvable. The insurance industry's actuarial tables and the gambler's roulette wheel both yield to the tools of probability theory. Most situations in life, however, involve a deeper kind of uncertainty, a radical uncertainty for which historical data provide no useful guidance to future outcomes. Radical uncertainty concerns events whose determinants are insufficiently understood for probabilities to be known or forecasting