Word Pronunciation & Dictionary

knightian uncertainty

Word Rarity Very rare

Frequency: Zipf frequency 0.00 in modern English

Syllables: knigh-t-ian uncer-tain-ty
IPA

33

Scrabble Score

20

Letters

5

Syllables

12

Unique Chars

Meaning

noun

A lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk.

Countable; Uncountable

Example Sentences

"In addition, it is hard currently to assign probabilities to these scenarios. This is something economists refer to as Knightian uncertainty."

Etymology

Named after University of Chicago economist Frank Knight (1885–1972).

Usage

Inflected Forms

Knightian uncertainties (plural)

Questions

What does knightian uncertainty mean?: A lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk.
Where does knightian uncertainty come from?: Named after University of Chicago economist Frank Knight (1885–1972).

How to pronounce knightian uncertainty

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