Economics of Uncertainty. (PSME-2), Volume 2
Regular price
€43.99
14 days return policy
Shipping & Delivery
A01=Karl Hendrik Borch
Age Group_Uncategorized
Age Group_Uncategorized
Arrow's impossibility theorem
Author_Karl Hendrik Borch
automatic-update
Bargaining problem
Bayesian probability
Behavioral economics
Calculation
Category1=Non-Fiction
Category=KC
Characteristic function (probability theory)
Commodity
Competitive equilibrium
COP=United States
Countermove
Decision problem
Decision rule
Decision theory
Decision-making
Delivery_Delivery within 10-20 working days
Demand curve
Dividend
Dividend policy
Econometrica
Economic equilibrium
Economic Life
Economic problem
Economics
Economist
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Expected utility hypothesis
Expected value
Experimental economics
Foundations of statistics
Good (economics)
Homo economicus
Indifference curve
Integral equation
Inventory theory
Investment Objective
Investment strategy
Language_English
Law of demand
Marginal utility
Market (economics)
Market mechanism
Market price
Markov chain
Mathematical optimization
Minimax theorem
Output (economics)
PA=Available
Pareto efficiency
Payment
Preference (economics)
Preferred stock
Premium Bond
Price_€20 to €50
Probability
Probability distribution
Probability theory
Production function
PS=Active
Quantity
Rational choice theory
Result
Risk aversion
Scarcity value
Security (finance)
Shapley value
Share price
softlaunch
St. Petersburg paradox
Stochastic process
Strategy (game theory)
Supply (economics)
Theory of Games and Economic Behavior
Trade-off
Uncertainty
Utility
Voting paradox
Weighted arithmetic mean
Working hypothesis
Product details
- ISBN 9780691622545
- Weight: 312g
- Dimensions: 152 x 235mm
- Publication Date: 08 Dec 2015
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Paperback
- Language: English
Secure
checkout
Fast Shipping
Easy returns
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 editions preserve the original texts of these important books while presenting them in durable paperback and hardcover 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.
