
Acting under Uncertainty
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Uncertainty could be associated with wisdom, enterprise, and discovery. In ordinary speech, however, it has mostly negative connotations. There is "fear of the unknown" and "ignorance is bliss;" there are maxims to the effect that "what you don''t know doesn''t hurt you" (or: "bother you") in several languages. This volume suggests that we need be bothered by the excessive confidence with which sc...
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Uncertainty could be associated with wisdom, enterprise, and discovery. In ordinary speech, however, it has mostly negative connotations. There is "fear of the unknown" and "ignorance is bliss;" there are maxims to the effect that "what you don''t know doesn''t hurt you" (or: "bother you") in several languages. This volume suggests that we need be bothered by the excessive confidence with which sc...
Read more