Knightian
Knightian adjective: of or relating to Frank Knight (1885–1972), American economist.
Adjective
Knightian (comparative more Knightian, superlative most Knightian)
- Of or relating to Frank Knight (1885–1972), American economist.
- When the data point clearly to a probability either in excess of 10 percent or less than 10 percent, then we are in a world of Knightian risk in which the decision can be based on expected utility maximization.2010, Edward E. Leamer, “Tantalus on the Road to Asymptopia”, in Journal of Economic Perspectives, volume 24, number 2, →DOI, page 38 of 31–46
- In addition, it is hard currently to assign probabilities to these scenarios. This is something economists refer to as Knightian uncertainty.2025 March 21, John C. Williams, “Certain Uncertainty (speech)”, in New York Fed (Remarks at the Macroeconometric Caribbean Conference, Nassau, Bahamas)
Forms of Knightian
| comparative | more Knightian |
|---|---|
| superlative | most Knightian |
Origin of Knightian
From Knight + -ian.
Words formed from Knightian
Phrases with Knightian
Questions about Knightian
- What does Knightian mean?
- Knightian means of or relating to Frank Knight (1885–1972), American economist.
- What part of speech is Knightian?
- Knightian is an adjective.
Words near Knightian in the dictionary
Source and license
Adapted from Wiktionary: Knightian (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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