Probability Foundations of Economic Theory

by Charles McCann

Book Details

Format Paperback / Softback

ISBN-10 0415756405

ISBN-13 9780415756402

Publisher Taylor & Francis Ltd

Imprint Routledge

Country of Manufacture GB

Country of Publication GB

Publication Date Feb 18th, 2014

Print length 188 Pages

Weight 294 grams

Product Classification: Economic theory & philosophy Econometrics

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Ksh 4,750.00

Werezi Extended Catalogue 0 in stock

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This book provides a clear survey of concepts of probability with relation to economic theory with a view to standardizing terminology and integrating probability into any discussion of the foundations of economic theory.

First published in 1994. Concepts of probability are an integral component of economic theory. However there are a wide range of theories of probability and these are manifested in different approaches to economic theory itself. In this book Charles McCann, Jr provides a clear and informative survey of the area which serves to standardize terminology and so integrate probability into a discussion of the foundations of economic theory. This is illustrated by examples from Austrian, Keynesian and New Classical Economics.

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