Professor Amar Bhidé of Columbia University discusses his new book “Uncertainty and Enterprise”, published by Oxford University Press. It emphasizes the limitations of standard economic models that rely on probability distributions. He argues that entrepreneurship involves dealing with unique, non-quantifiable uncertainties, which require imagination and narrative skills. Bhidé critiques the over-reliance on incentives and statistical … Continue reading Uncertainty and Enterprise: Harnessing Imagination and Narrative  w/ Prof. Amar Bhidé – EP264