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Uncertainty and the social organization of economic activity
Journal of Institutional Economics ( IF 2.029 ) Pub Date : 2021-04-20 , DOI: 10.1017/s1744137421000254
Ross B. Emmett

The last two chapters of Frank H. Knight's Risk, Uncertainty and Profit are seldom cited and frequently ignored. But in those chapters, Knight moves from entrepreneurial judgment and organizational strategies to meet the dilemmas uncertainty presents in a firm to the wider question of how uncertainty affects the social organization of economic activity. Ignoring the concluding chapters of Knight's book means we miss an important part of his early career thoughts on the tradeoffs between free enterprise and the social organization of economic activity. The purpose of the paper is to lay out the perspective on social economic organization that he took in the final two chapters of his first major work against the context of his other contemporary writings.

中文翻译:

不确定性和经济活动的社会组织

弗兰克·H·奈特的最后两章风险、不确定性和利润很少被引用,经常被忽视。但在这些章节中,奈特从企业家判断和组织战略转向解决企业中不确定性呈现的两难境地,转向不确定性如何影响经济活动的社会组织这一更广泛的问题。忽略奈特书的最后几章意味着我们错过了他早期职业生涯思想中关于自由企业和经济活动的社会组织之间权衡的重要部分。这篇论文的目的是在他的其他当代著作的背景下,阐述他在他的第一部主要著作的最后两章中所采取的关于社会经济组织的观点。
更新日期:2021-04-20
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