Probability Foundations of Economic Theory
| By: | Charles McCann |
| Publisher: | Taylor & Francis |
| Print ISBN: | 9780415108676 |
| eText ISBN: | 9781134839124 |
| Edition: | 1 |
| Copyright: | 1994 |
| Format: | Reflowable |
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First published in 1994. Concepts of probability are an integral component of economic theory. However there are a wide range of theories of probability and these are manifested in different approaches to economic theory itself. In this book Charles McCann, Jr provides a clear and informative survey of the area which serves to standardize terminology and so integrate probability into a discussion of the foundations of economic theory. This is illustrated by examples from Austrian, Keynesian and New Classical Economics.