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Found 2 items


(Hardback)

By: Karl Hendrik Borch

ISBN: 9780691649313
Readership/Audience: Tertiary Education
Publication Date: Jun 2016
Publisher: Princeton University Press
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(Paperback)

By: Karl Hendrik Borch

ISBN: 9780691622545
Readership/Audience: Tertiary Education
Publication Date: Feb 2016
Publisher: Princeton University Press
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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 dif