Knightian uncertainty (Q1548830)

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a lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk, indicating some fundamental degree of ignorance, a limit to knowledge, and an essential unpredictability of future events
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Knightian uncertainty
a lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk, indicating some fundamental degree of ignorance, a limit to knowledge, and an essential unpredictability of future events

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