Evolution of financiers' views on the categories "risk" and "uncertainty" in economic science and in the system of state standards

The article explores the transformation of theoretical approaches to understanding the categories of "risk" and "uncertainty" in economics, focusing on their interpretation in the works published in the 20th and 21st centuries by leading financiers and representatives of other economic disciplines. Special attention is paid to the differentiation of these concepts proposed by F. Knight, and the subsequent evolution of the researchers' views. The changes in the methodological foundations of risk assessment are analyzed. Based on a comparison of the regulatory framework and state standards (including Russian and international regulatory documents), a gradual convergence of practical approaches to risk management with theoretical concepts is being identified.