Finances in the era of radical uncertainty and imperfect knowledge Cover Image

Finanse w erze radykalnej niepewności i wiedzy niedoskonałej
Finances in the era of radical uncertainty and imperfect knowledge

Author(s): Stanisław Flejterski
Subject(s): Economy, Supranational / Global Economy, Business Economy / Management, Micro-Economics, Financial Markets, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: finanse;radykalna niepewność;wiedza niedoskonała;odporność;kryzys finansowy;sztuczna inteligencja;
Summary/Abstract: Purpose: The main goal of this chapter is to present the factors influencing broadly understood finance, both as a reality and the science of finance, which is part of the discipline of economics and finance. The global crises in 2007–2009 and 2020–2023 influenced various changes both in the real sphere, with geopolitics at the forefront, and in the intellectual sphere. Recent years have been a cumulation of several crises at the same time: pandemic, war, energy, climate, demographic, migration, inflation and financial crises. Methodology: Three categories are used for description and analysis: radical uncertainty, imperfect knowledge and resilience. Based on literature studies, the author shows the directions of the desired evolution of the science of finance. Findings: The existing traditional approaches require modifications and supplements. Future finance should be heterodox rather than orthodox and characterised by interdisciplinarity and contextuality.

  • Page Range: 48-64
  • Page Count: 17
  • Publication Year: 2024
  • Language: Polish
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