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Information and Efficiency in Economic Decision
Jati K. Sengupta
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Description for Information and Efficiency in Economic Decision
paperback. Series: Advanced Studies in Theoretical and Applied Econometrics. Num Pages: 494 pages, biography. BIC Classification: KCH; WM. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 25. Weight in Grams: 753.
Use of information is basic to economic theory in two ways. As a basis for optimization, it is central to all normative hypotheses used in eco nomics, but in decision-making situations it has stochastic and evolution ary aspects that are more dynamic and hence more fundamental. This book provides an illustrative survey of the use of information in econom ics and other decision sciences. Since this area is one of the most active fields of research in modern times, it is not possible to be definitive on all aspects of the issues involved. However questions that appear to be most ... Read more
Use of information is basic to economic theory in two ways. As a basis for optimization, it is central to all normative hypotheses used in eco nomics, but in decision-making situations it has stochastic and evolution ary aspects that are more dynamic and hence more fundamental. This book provides an illustrative survey of the use of information in econom ics and other decision sciences. Since this area is one of the most active fields of research in modern times, it is not possible to be definitive on all aspects of the issues involved. However questions that appear to be most ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer Netherlands
Number of pages
494
Condition
New
Series
Advanced Studies in Theoretical and Applied Econometrics
Number of Pages
482
Place of Publication
Dordrecht, Netherlands
ISBN
9789401087377
SKU
V9789401087377
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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