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£114.06

MACMILLAN Uncertainty in Strategic Decision Making: Analysis, Categorization, Causation and Resolution

Name: Uncertainty in Strategic Decision Making: Analysis, Categorization, Causation and Resolution
Brand: MACMILLAN
Price: 107.72 GBP
Availability: InStock

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Description

Knight (1921) defines uncertainty as an informational market failure that, while being detrimental to most existing businesses, presents possible profitable opportunities for others. This book builds upon that classic work by providing an analysis of the alternative approaches to strategic decision-making under such uncertainty. It covers what uncertainty is, why it is important, and what connections it has to business and related fields, culminating in a new and comprehensive typology and a valuable guide for how to appropriately address various types of uncertainties, even under AI. It clarifies the current terminological and categorical confusion about ‘unknowns’ while complementing the mathematical, probability-based approaches that treat uncertainty as ‘knowable’ (i.e., as risk). It corrects the mistaken approaches that treat ‘unknowables’ as ‘shapeable’ or ‘discoverable’. This book widens the perspective for viewing uncertainty, in terms of its impacts across humanity, byoffering a shrewder understanding of what roles uncertainties play in human activity. It will appeal to academics across business, economics, philosophy, and other disciplines looking for approaches to apply, test, and hone for dealing with decision-making under uncertainty.

Product Specifications

Brand: MACMILLAN
Format: hardcover
ASIN: 3031485521
Category: Books > Subjects > Business, Finance & Law > Management > Management Skills > Leadership
Domain: Amazon UK
Release Date: 04 January 2024
Listed Since: 13 October 2023

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MACMILLAN Uncertainty in Strategic Decision Making: Analysis, Categorization, Causation and Resolution

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