Uncertainty in Economics
Julia Kohn
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Description for Uncertainty in Economics
Hardback. Series: Contributions to Economics. Num Pages: 6 black & white illustrations, biography. BIC Classification: HPS; KCB; KJM. Category: (P) Professional & Vocational. Dimension: 235 x 155. .
In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions’ attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness ... Read more
In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions’ attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Springer International Publishing AG Switzerland
Condition
New
Series
Contributions to Economics
Number of Pages
199
Place of Publication
Cham, Switzerland
ISBN
9783319553504
SKU
V9783319553504
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Julia Kohn
Julia Köhn studied Business, Economics & Philosophy at Witten/Herdecke University and at the Erasmus Institute for Economics and Philosophy at the Erasmus University Rotterdam. She is scholar of the Konrad-Adenauer Foundation and member of the Think Thank “New Social Market Economy” as well as the Young Scholars Initiative of the Institute for New Economic Thinking in New York.
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