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The Economics of Uncertainty. (PSME-2), Volume 2
Karl Hendrik Borch
€ 42.99
€ 31.01
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Description for The Economics of Uncertainty. (PSME-2), Volume 2
Paperback. Series: Princeton Studies in Mathematical Economics. Num Pages: 236 pages, black & white illustrations. BIC Classification: KC. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 235 x 155 x 13. Weight in Grams: 314.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
2016
Publisher
Princeton University Press United States
Number of pages
236
Condition
New
Series
Princeton Studies in Mathematical Economics
Number of Pages
236
Place of Publication
New Jersey, United States
ISBN
9780691622545
SKU
V9780691622545
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
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