A Quote by Kenneth Arrow
The general uncertainty about the prospects of medical treatment is socially handled by rigid entry requirements. These are designed to reduce the uncertainty in the mind of the consumer as to the quality insofar as this is possible. I think this explanation, which is perhaps the naive one, is much more tenable than any idea of a monopoly seeking to increase incomes.
Related Quotes
The consumer is going through a period around the world of uncertainty - whether geopolitical uncertainty, economic uncertainty - and that makes them a little nervous as well.
Wall Street, in the main, hates uncertainty, which manifests itself in depressed share prices of companies whose prospects lack 'visibility.' But where the market can err is in confusing uncertainty with risk.
I'm suggesting that principles meant to deal with uncertainty that occurs naturally can be useful to manage the uncertainty that characterizes any new idea.
I declare and I challenge all mankind to contradict my declaration, that no man can give any account of the order of Freemasonry, of its origin, of its history, of its object, nor any explanation of its mysteries and symbols, which does not leave the mind in total uncertainty on all these points. Every man is entitled therefore, to give any explanation of the symbols and a system of the doctrine that he can render palatable.
The mark of a mature, psychologically healthy mind is indeed the ability to live with uncertainty and ambiguity, but only as much as there really is. Uncertainty is no virtue when the facts are clear, and ambiguity is mere obfuscation when more precise terms are applicable.
Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices and harm business planning.
I think that when we know that we actually do live in uncertainty, then we ought to admit it; it is of great value to realize that we do not know the answers to different questions. This attitude of mind - this attitude of uncertainty - is vital to the scientist, and it is this attitude of mind which the student must first acquire.
Uncertainty causes more anxiety than perhaps any other single factor.
What an abyss of uncertainty, whenever the mind feels overtaken by itself; when it, the seeker, is at the same time the dark region through which it must go seeking and where all its equipment will avail it nothing. Seek? More than that: create. It is face to face with something which does not yet exist, which it alone can make actual, which it alone can bring into the light of day.
Embrace relational uncertainty. It's called romance. Embrace spiritual uncertainty. It's called mystery. Embrace occupational uncertainty. It's called destiny. Embrace emotional uncertainty. It's called joy. Embrace intellectual uncertainty. It's called revelation.
I think it's much more interesting to live not knowing than to have answers which might be wrong. I have approximate answers, and possible beliefs, and different degrees of uncertainty about different things, but I am not absolutely sure of anything. There are many things I don't know anything about, such as whether it means anything to ask "Why are we here?" I might think about it a little bit, and if I can't figure it out then I go on to something else. But I don't have to know an answer. I don't feel frightened by not knowing things, by being lost in the mysterious universe without having any purpose - which is the way it really is, as far as I can tell.
If we can reduce the cost and improve the quality of medical technology through advances in nanotechnology, we can more widely address the medical conditions that are prevalent and reduce the level of human suffering.
Life to me is defined by uncertainty. Uncertainty is the state in which we live, and there is no way to outfox it.
The bottom line is there is large uncertainty because nobody has a very good handle on aerodynamics at those altitudes and at those speeds. Given that large degree of uncertainty, life could be normal during entry or some bad things could happen.
I always work out of uncertainty but when a painting's finished it becomes a fixed idea, apparently a final statement. In time though, uncertainty returns... your thought process goes on.
I always work out of uncertainty but when a painting's finished it becomes a fixed idea, apparently a final statement. In time though, uncertainty returns.. your thought process goes on.
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