MARKET MIND GAMES, A Radical Psychology of Risk

Risk ain't what it used to be - if fact, most of the time it isn't even risk at all. Instead it is something called Knightian Uncertainty - or the fundamental inability of humans to know for sure what will happen tomorrow. Yet we have to make decisions about tomorrow…

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Elise Payzan Le Nestour on “The Brain on Risk”

On The Ubiquitous Missing Information in Markets: What Neuroeconomics Has to Say 'Ambiguity' is the Hallmark of Trading and Investing The situation of taking a position when the odds are uncertain because of missing information is referred to by economists as "ambiguous". F Knight in his book Risk, Uncertainty, and…

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