Documentation
README
Effectuation
Under Knightian uncertainty, start from available means and affordable loss—not a fixed goal and predicted return. Create the path through controllable action and real commitments.
When to Use
- The market, technology, or problem is novel enough that outcome probabilities are not trustworthy.
- Means are clearer than the goal: identity, skills, assets, and network exist before a fixed target does.
- A small action can buy information or a partner commitment without risking ruin.
- Plans keep breaking because the environment shifts faster than forecasts.
When NOT to Use
This is the opening of the README. Read the full README on GitHub.