Microeconomic Theory
Larry . Ed(S): Samuelson
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Description for Microeconomic Theory
Paperback. Editor(s): Samuelson, Larry. Series: Recent Economic Thought. Num Pages: 278 pages, biography. BIC Classification: KCA; KCC. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 15. Weight in Grams: 462.
It is often said that everyone understands precisely what is meant by the notion of probability-except those who have spent their lives studying the matter. Upon close scrutiny, the intuitively obvious idea of probability becomes quite elusive. Is it a subjective or objective concept? Are random variables simply improperly measured deterministic variables, or inherently random? What is meant by the phrase "other things held constant" that often appears in descriptions of probability? These questions involve fundamental philosophical and scientific issues, and promise to elude definitive answers for some time. The same type of difficulty arises when attempting to produce a ... Read more
It is often said that everyone understands precisely what is meant by the notion of probability-except those who have spent their lives studying the matter. Upon close scrutiny, the intuitively obvious idea of probability becomes quite elusive. Is it a subjective or objective concept? Are random variables simply improperly measured deterministic variables, or inherently random? What is meant by the phrase "other things held constant" that often appears in descriptions of probability? These questions involve fundamental philosophical and scientific issues, and promise to elude definitive answers for some time. The same type of difficulty arises when attempting to produce a ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer Netherlands
Number of pages
278
Condition
New
Series
Recent Economic Thought
Number of Pages
278
Place of Publication
Dordrecht, Netherlands
ISBN
9789401083720
SKU
V9789401083720
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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