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Risk, Uncertainty, and Enterprise
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Risk, Uncertainty, and Enterprise
But would Mr A necessarily in fact react in the same way in the two situations? Compare columns (a) and (i) of Table XXVII. The average chance of profit in the first case is 49 per cent and in the second case is only 39 per cent. If other conditions (e.g. the possi- bilities of profit in other industries and the amount of Mr
Edition 1st Edition
First Published 1968
Imprint Routledge
Pages 6
eBook ISBN 9780203106594