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Probability in Economics - Omar Hamouda, Robin Rowley

Probability in Economics

Buch | Softcover
208 Seiten
2013
Routledge (Verlag)
978-0-415-86214-1 (ISBN)
CHF 76,75 inkl. MwSt
Probability is a key concept in economics. This book adopts a critical attitude to the treatment of probability in most current economic modelling, whilst refraining from embracing chaos theory. Essential reading for the enquiring econometrician
Notions of probability and uncertainty have been increasingly prominant in modern economics. This book considers the philosophical and practical difficulties inherent in integrating these concepts into realistic economic situations. It outlines and evaluates the major developments, indicating where further work is needed.
This book addresses:
* probability, utility and rationality within current economic thought and practice
* concepts of ignorance and indeterminancy
* experimental economics
* econometrics, with particular reference inference and estimation.

Hamouda, Omar; Rowley, Robin

1. Introduction 2. Varieties of Probability 3. Expected Utility 4. Rationality and Conditional Expectations 5. Ignorance, Surprise and Vagueness 6. Experiments, Dynamics, and Cognitive Illusions 7. Evidence, Support, and Beliefs 8. Economics 9. Concluding Remarks and Overview

Erscheint lt. Verlag 16.12.2013
Reihe/Serie Routledge Frontiers of Political Economy
Verlagsort London
Sprache englisch
Maße 138 x 216 mm
Gewicht 294 g
Themenwelt Geschichte Teilgebiete der Geschichte Wirtschaftsgeschichte
Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre
ISBN-10 0-415-86214-0 / 0415862140
ISBN-13 978-0-415-86214-1 / 9780415862141
Zustand Neuware
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