Cookies Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Risk, Uncertainty And Expectation

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this chapter

+ Tax (if applicable)

Chapter Summary

In any environment which allows for individual and group enterprise, some degree of risk, as well as some elements of uncertainty and expectation, will be features of virtually every human endeavor. Analysis of risk, uncertainty and expectation is also a feature of talmudic literature, and in this chapter the author explores that analysis in the light of modern economics. It examines each of the three categories first with reference to modern understandings of what they imply, and then with reference to the talmudic treatments of the same phenomenon. The chapter mainly concerns the economic implications of the talmudic analysis of the problem of Kethubah evaluation. It discusses that the talmudic Rabbis displayed profound insight and very considerable sophistication regarding the manifestation of the ?risk" factor called Zeyoona. The chapter emphasizes the rabbinic treatment of 'uncertainty', the contribution of Rashi, in particular.

Keywords: expectation; Kethubah ; modern economics; Rabbis; Rashi; risk; talmudic literature; uncertainty; Zeyoona



Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
    Economic Analysis in Talmudic Literature — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation