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Hardcover Ignorance and Uncertainty Book

ISBN: 1108422020

ISBN13: 9781108422024

Ignorance and Uncertainty

(Book #61 in the Econometric Society Monographs Series)

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Born of a belief that economic insights should not require much mathematical sophistication, this book proposes novel and parsimonious methods to incorporate ignorance and uncertainty into economic modeling, without complex mathematics. Economics has made great strides over the past several decades in modeling agents' decisions when they are incompletely informed, but many economists believe that there are aspects of these models that are less than...

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