Available Formats
The Economics of Uncertainty. (PSME-2), Volume 2
By (Author) Karl Hendrik Borch
Princeton University Press
Princeton University Press
15th February 2016
United States
Tertiary Education
Non Fiction
330
Paperback
236
Width 152mm, Height 235mm
312g
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