Who Is The Propounder Of Uncertainty Bearing Theory Of Profit?
Who Is The Propounder Of Uncertainty Bearing Theory Of Profit? The uncertainty-bearing theory of profit was propounded by the American economist Prof. F. H. Knight in his book risk, uncertainty, and profit, published in 1921 A. D. This theory is an improvement over Hawley’s risk theory of profit. Prof. Who developed the uncertainty theory of