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Hiding hand principle

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The hiding hand principle is a theory that offers a framework to examine how ignorance (particularly concerning future obstacles when person first decides to take on a project) intersects with rational choice to undertake a project; the intersection is seen to provoke creative success over the obstacles through the deduction that it is too late to abandon the project. The term was coined by economist Albert O. Hirschman.

Hiding hand principle - Wikipedia Jump to content From Wikipedia, the free encyclopedia How ignorance intersects with rational choice to undertake a project The hiding hand principle is a theory that offers a framework to examine how ignorance (particularly concerning future obstacles when a person first decides to take on a project) intersects with rational choice to undertake a project; the intersection is seen to provoke creative success over the obstacles through the deduction that it is too late to abandon the project. The term was coined by economist Albert O. Hirschman . [ 1 ] W

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