Titlebook: Uncertainty in Strategic Decision Making; Analysis, Categoriza Richard J. Arend Book 2024 The Editor(s) (if applicable) and The Author(s),

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of Uncertainty,more effective, approaches to making decisions involving uncertainty must consider more than one dimension. Explains those dimensions and their grounds. Describes how multi-dimensionality affects how uncertainty is, and can be, better addressed.

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,Uncertainty’s Connections to ,nnection exists. Explains the drivers and context of the connection. Argues that, for entrepreneurship to flourish, uncertainty must be understood and managed (as best as it can be) in entrepreneurial decision-making.

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Past Failures to Engage with Uncertainty,the drivers of those failures in the business of science. Argues that probability-based approaches do not apply to uncertainty. Considers alternatives. Argues that new thinking is required when decisions are non-optimizable, thinking that struggles to get published in (social science/business) acade

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to Uncertainty Types (in Decision-Making),inty at the heart of the decision problem. Explains that most of the (especially recently-published) prescriptions for dealing with uncertainty (even when that term is properly defined) are wrong and potentially dangerous. Explains the appropriate treatments for the treatable uncertainties. Describe

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Book 2024fitable opportunities for others. This book builds upon that classic work by providing an analysis of the alternative approaches to strategic decision-making under such uncertainty. It covers what uncertainty is, why it is important, and what connections it has to business and related fields, culmin

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of Uncertainty (on Decision-Making),es are more likely to enjoy them. Argues, like Knight (1921) and others have, that uncertainty is important for the progress of humankind overall, and for each human as well; as such, it deserves greater attention in our choices, and in our policies.

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ensive and appropriately-structured typology of uncertaintie.Knight (1921) defines uncertainty as an informational market failure that, while being detrimental to most existing businesses, presents possible profitable opportunities for others. This book builds upon that classic work by providing an