Frank Knight

E104813

Frank Knight was an influential American economist and founding figure of the Chicago School, best known for his work on risk, uncertainty, and profit.

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Frank Knight canonical 2

Statements (49)

Predicate Object
instanceOf academic
author
economist
human
academicAdvisor Allyn Abbott Young
almaMater Cornell University
University of Tennessee, Knoxville
surface form: University of Tennessee
birthDate 1885-11-07
countryOfCitizenship United States of America
deathDate 1972-04-15
employer University of Chicago
era 20th-century economics
familyName Knight
fieldOfWork economics
political philosophy
social philosophy
fullName Frank H. Knight
surface form: Frank Hyneman Knight
gender male
givenName Frank
influenced Chicago School economics
surface form: Chicago School economists

Friedrich Hayek
surface form: F. A. Hayek

George Stigler
James M. Buchanan
Milton Friedman
influencedBy Alfred Marshall
John Maynard Keynes
surface form: John Neville Keynes

Max Weber
knownFor contributions to the Chicago School of Economics
critique of perfect competition models
distinction between risk and uncertainty
theory of profit under uncertainty
work in economic methodology
languageOfWorkOrName English
memberOf University of Chicago Department of Economics
surface form: Chicago School of Economics
nationality American
notableIdea profit as reward for bearing uncertainty
notableWork Risk, Uncertainty and Profit
occupation university teacher
writer
placeOfBirth Illinois
placeOfDeath City of Chicago
surface form: Chicago
positionHeld Professor of Economics at the University of Chicago
publicationYearOfNotableWork 1921
schoolOrTradition University of Chicago Department of Economics
surface form: Chicago School of Economics

neoclassical economics
theoreticalContribution Knightian uncertainty concept
entrepreneurship under uncertainty
ethical foundations of capitalism
views on competition and monopoly

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