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How Is This Book to Be Understood and What Kind of Society Does It Wish to Create?

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Redefining Risk & Return

Abstract

When we change risk from “Risk = Probability × Consequence” into “Risk = (Probability × Consequence) + Structure”, we are introducing a fundamental change to the understanding that has formed the basis of much of our economic theory apparatus, the formation of our society, and our perception of the world.

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Jensen, J.L., Sublett, S. (2017). How Is This Book to Be Understood and What Kind of Society Does It Wish to Create?. In: Redefining Risk & Return. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-41369-3_14

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  • DOI: https://doi.org/10.1007/978-3-319-41369-3_14

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-41368-6

  • Online ISBN: 978-3-319-41369-3

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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