The Economics of Uncertainty. (PSME-2):
Game theory has brought into economics an uncertainty principle similar to the one brought into physics by the quantum theory. Professor Barch’s main purpose in this book is to show how one can construct realistic economic theories by taking uncertainty into account instead of dismissing it. He brin...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Princeton, NJ
Princeton University Press
[2016]
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | Game theory has brought into economics an uncertainty principle similar to the one brought into physics by the quantum theory. Professor Barch’s main purpose in this book is to show how one can construct realistic economic theories by taking uncertainty into account instead of dismissing it. He brings together a number of recent developments in different fields of economics and other social sciences in which uncertainty and chance play a central role and shows that they really constitute an entity. These developments include the revisions of utility, the introduction of game theory as a basic tool, and the view of the foundations of probability theory adopted by modern Bayesian statisticians.Originally published in 1968.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905 |
| Item Description: | Description based on online resource; title from PDF title page (publisher's Web site, viewed Mar. 21, 2016) |
| Physical Description: | 1 online resource |
| ISBN: | 9781400874767 |
| DOI: | 10.1515/9781400874767 |
Staff View
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| spelling | Borch, Karl H. 1919-1986 Verfasser (DE-588)121475441 aut The Economics of Uncertainty. (PSME-2) Karl Hendrik Borch Princeton, NJ Princeton University Press [2016] © 1968 1 online resource txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed Mar. 21, 2016) Game theory has brought into economics an uncertainty principle similar to the one brought into physics by the quantum theory. Professor Barch’s main purpose in this book is to show how one can construct realistic economic theories by taking uncertainty into account instead of dismissing it. He brings together a number of recent developments in different fields of economics and other social sciences in which uncertainty and chance play a central role and shows that they really constitute an entity. These developments include the revisions of utility, the introduction of game theory as a basic tool, and the view of the foundations of probability theory adopted by modern Bayesian statisticians.Originally published in 1968.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905 In English Mathematisches Modell Bayesian statistical decision theory Decision making Mathematical models Game theory https://doi.org/10.1515/9781400874767 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Borch, Karl H. 1919-1986 The Economics of Uncertainty. (PSME-2) Mathematisches Modell Bayesian statistical decision theory Decision making Mathematical models Game theory |
| title | The Economics of Uncertainty. (PSME-2) |
| title_auth | The Economics of Uncertainty. (PSME-2) |
| title_exact_search | The Economics of Uncertainty. (PSME-2) |
| title_full | The Economics of Uncertainty. (PSME-2) Karl Hendrik Borch |
| title_fullStr | The Economics of Uncertainty. (PSME-2) Karl Hendrik Borch |
| title_full_unstemmed | The Economics of Uncertainty. (PSME-2) Karl Hendrik Borch |
| title_short | The Economics of Uncertainty. (PSME-2) |
| title_sort | the economics of uncertainty psme 2 |
| topic | Mathematisches Modell Bayesian statistical decision theory Decision making Mathematical models Game theory |
| topic_facet | Mathematisches Modell Bayesian statistical decision theory Decision making Mathematical models Game theory |
| url | https://doi.org/10.1515/9781400874767 |
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