Probability in Economics

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 ... Read More

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. Read Less

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  	This is a digital edition of this title. Rent eBook (2 Options) 180 Day Rental: $32.45 (Expires May 06, 2025) 365 Day Rental: $38.35 (Expires Nov 07, 2025) Buy eBook Lifetime Access: $58.99 Title: Probability in Economics by Omar Hamouda; Robin Rowley Publisher: Taylor & Francis Print ISBN: 9780415067126, 041506712X eText ISBN: 9781135084752 Edition: 1996 1st edition Format: EPUB eBook	$32.45 Rent eBook This is a digital eBook Nothing will be shipped to you Works with web browsers and the VitalSource app on all Windows, Mac, Chromebook, Kindle Fire, iOS, and Android devices Most eBooks are returnable within 14 days of purchase Questions? See our eBook FAQ