The role of uncertainty in economics

pp. 259-278

in: Karl Menger, Selected papers in logic and foundations, didactics, economics, Berlin, Springer, 1979

Abstract

The following essay was essentially completed by 1923. In 1927, I presented the paper to the Viennese Economic Society; in 1934, it was published in the Viennese Zeitschrift fur Nationalkönomie under the title "Das Unsicherheitsmoment in der Wertlehre", [1934, 8 and 8a].