Probability in Economics (Hardcover) (ISBN-13: 9780415067126)

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.

Author: Omar Hamouda,Robin Rowley
ISBN-10: 041506712X
ISBN-13: 9780415067126
Publisher: Routledge
Language: English
Published: 05/30/1996
Pages: 208
Format: Hardcover
Weight: 0.92lbs
Size: 8.50h x 5.50w x 0.63d