Probability in Economics
| By: | Omar Hamouda; Robin Rowley |
| Publisher: | Taylor & Francis |
| Print ISBN: | 9780415067126 |
| eText ISBN: | 9781135084752 |
| Edition: | 1 |
| Copyright: | 1996 |
| Format: | Reflowable |
eBook Features
Instant Access
Purchase and read your book immediately
Read Offline
Access your eTextbook anytime and anywhere
Study Tools
Built-in study tools like highlights and more
Read Aloud
Listen and follow along as Bookshelf reads to you
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.