The future’s unknowability: Keynes’s probability, probable knowledge and the decision to innovate

Authors

  • Marco Crocco

DOI:

https://doi.org/10.5380/re.v32i2.7731

Keywords:

incerteza, probabilidade, Keynes, mudança tecnológica, inovação, uncertainty, probability, technical change, innovation

Abstract

The aim of this paper is to show that Keynes’s concept of probability
can enrich the understanding of the process of introduction of innovation offered by the Neo-Schumpeterian approach. Keynes’s theory of probability can complete the set of tools required to understand the decision process of whether or not to introduce an innovation mainly by complementing the notion of routines.

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How to Cite

Crocco, M. (2006). The future’s unknowability: Keynes’s probability, probable knowledge and the decision to innovate. Revista De Economia, 32(2). https://doi.org/10.5380/re.v32i2.7731

Issue

Vol. 32 No. 2 (2006)

Section

Artigos

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