Ebook: Probability in Economics
Author: Omar Hamouda Robin Rowley
- Tags: Economics, Banks & Banking, Commerce, Commercial Policy, Comparative, Development & Growth, Digital Currencies, Econometrics, Economic Conditions, Economic History, Economic Policy & Development, Environmental Economics, Free Enterprise, Income Inequality, Inflation, Interest, Labor & Industrial Relations, Macroeconomics, Microeconomics, Money & Monetary Policy, Public Finance, Sustainable Development, Theory, Unemployment, Urban & Regional, Business & Money, Economics, Economic Theory, Macroeconomics, Microeconomics, Busine
- Series: Routledge Frontiers of Political Economy
- Year: 1996
- Publisher: Routledge
- Language: English
- pdf
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.
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.
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