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Bayesian Analysis and Uncertainty in Economic Theory
Richard Michael . Ed(S): Cyert
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Description for Bayesian Analysis and Uncertainty in Economic Theory
Paperback. Editor(s): Cyert, Richard Michael. Num Pages: 222 pages, biography. BIC Classification: KCA; PBTB. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 12. Weight in Grams: 349.
We began this research with the objective of applying Bayesian methods of analysis to various aspects of economic theory. We were attracted to the Bayesian approach because it seemed the best analytic framework available for dealing with decision making under uncertainty, and the research presented in this book has only served to strengthen our belief in the appropriateness and usefulness of this methodology. More specif ically, we believe that the concept of organizational learning is funda mental to decision making under uncertainty in economics and that the Bayesian framework is the most appropriate for developing that concept. The central and ... Read more
We began this research with the objective of applying Bayesian methods of analysis to various aspects of economic theory. We were attracted to the Bayesian approach because it seemed the best analytic framework available for dealing with decision making under uncertainty, and the research presented in this book has only served to strengthen our belief in the appropriateness and usefulness of this methodology. More specif ically, we believe that the concept of organizational learning is funda mental to decision making under uncertainty in economics and that the Bayesian framework is the most appropriate for developing that concept. The central and ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer Netherlands
Number of pages
222
Condition
New
Number of Pages
206
Place of Publication
Dordrecht, Netherlands
ISBN
9789401079228
SKU
V9789401079228
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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