Probability in Economics
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Probability in Economics by Omar Hamouda
Book DescriptionNotions 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.
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Book DetailsISBN: 9780415067126
(216mm x 140mm x 16mm)
Publisher: Taylor & Francis Ltd
Publish Date: 30-May-1996
Country of Publication: United Kingdom
Books By Author Omar Hamouda
Probability in Economics, Paperback (October 2013)View all books by Omar Hamouda
Notions of probability and uncertainty have been increasingly prominent in modern economics. Here, the authors consider the philosophical and practical difficulties inherent in integrating these concepts into realistic economic situations.
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