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Nematrian Reference Library

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ReferenceTitleLink
Kay, J. and King, M. (2020)Radical Uncertainty

Quote from Preface

"… we show in this book that the axiomatic approach to the definition of rationality comprehensively fails when applied to decisions made by businesses, governments or households about an uncertain future. And this failure is not because these economic actors are irrational, but because they are rational, and - mostly - do not pretend to knowledge they do not anc could not have."


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