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Radical Uncertainty: Decision-Making Beyond the Numbers

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Radical uncertainty explores situations where traditional probability and forecasting fail to provide clarity about future outcomes. It highlights how even experts can offer conflicting estimates, as seen in President Obama's decision-making regarding Osama bin Laden, or the unpredictability of technological advancements like smartphones. The book critiques the limitations of conventional forecasting methods, particularly in financial planning, where long-term predictions about interest rates and personal health remain highly uncertain and unreliable.

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Radical Uncertainty: Decision-Making Beyond the Numbers, John Kay, Mervyn A. King

Jazyk
Rok vydania
2021
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Platobné metódy

4,2
Veľmi dobrá
49 Hodnotenie

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Jazyk
anglicky
Rok vydania
2021
Väzba
mäkká
Počet strán
572
ISBN13
9780393541984
Série
Hodnotenie
4,2 z 5
Anotácia
Radical uncertainty explores situations where traditional probability and forecasting fail to provide clarity about future outcomes. It highlights how even experts can offer conflicting estimates, as seen in President Obama's decision-making regarding Osama bin Laden, or the unpredictability of technological advancements like smartphones. The book critiques the limitations of conventional forecasting methods, particularly in financial planning, where long-term predictions about interest rates and personal health remain highly uncertain and unreliable.