Contact
How to shop
Delivery
Shopping guide
Bayesian Analysis and Uncertainty in Economic Theory
English
136 b
Up to 30 days for returns
Customers also purchased
/
Paperback
5 714
Ft
/
Paperback
10 985
Ft
/
Paperback
13 080
Ft
/
Paperback
16 954
Ft
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 unifying theme of this book is decision making under uncertainty in microeconomic theory. Our fundamental aim is to explore the ways in which firms and households make decisions and to develop models that have a strong empirical connection. Thus, we have attempted to contribute to economic theory by formalizing models of the actual pro cess of decision making under uncertainty. Bayesian methodology pro vides the appropriate vehicle for this formalization.
About the book
English
Give this book today
It's easy
1 Add to cart and choose Deliver as present at the checkout 2 We'll send you a voucher 3 The book will arrive at the recipient's addressYou might also be interested in
/
Paperback
3 742
Ft
/
Paperback
7 588
Ft
Hi! I'm Libroamiko, your book advisor.
How can I help you?