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Author: Richard Stone
Publisher: Cambridge University Press
ISBN: 1107673860
Category : Business & Economics
Languages : en
Pages : 95
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Book Description
First published in 1951, this book examines the role of measurement in obtaining and applying economic knowledge. Esteemed economist Richard Stone divides his topic into four sections: questions of fact and empirical constructs; the truth or falsity of a hypothesis; the estimation of parameters; and questions of prediction.
Author: Richard Stone
Publisher: Cambridge University Press
ISBN: 1107673860
Category : Business & Economics
Languages : en
Pages : 95
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Book Description
First published in 1951, this book examines the role of measurement in obtaining and applying economic knowledge. Esteemed economist Richard Stone divides his topic into four sections: questions of fact and empirical constructs; the truth or falsity of a hypothesis; the estimation of parameters; and questions of prediction.
Author: John Richard Nicholas Stone
Publisher:
ISBN:
Category :
Languages : en
Pages : 85
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Book Description
Author: Ingrid H. Rima
Publisher: Routledge
ISBN: 1134879237
Category : Business & Economics
Languages : en
Pages : 570
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Book Description
Most economists assume that the mathematical and quantative sides of their science are relatively recent developments. Measurement, Quantification and Economic Analysis shows that this is a misconception. Its authors argue that economists have long relied on measurement and quantification as essential tools. However, problems have arisen in adapting these tools from other fields. Ultimately, the authors are sceptical about the role which measurement and quantification tools now play in contemporary economic theory.
Author: Richard Stone
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 85
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Book Description
Author: Grayham E. Mizon
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 28
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Book Description
Author: Ivan Moscati
Publisher:
ISBN: 0199372764
Category : Business & Economics
Languages : en
Pages : 345
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Book Description
Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.
Author: Wolfgang Eichhorn
Publisher: Springer Science & Business Media
ISBN: 3642524818
Category : Business & Economics
Languages : en
Pages : 805
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Book Description
First discussions on several topics of this book took place at a symposium held at the University of Karlsruhe (July 14 - 21, 1985). The book is divided into nine parts with the headings "Methodology and Methods" (4 papers), "Prices" (9), "Efficiency" (5), "Preferences" (7), "Quality" (2), "Inequality" (6), "Taxation" (6), "Aggregation" (6), and "Econometrics" (6). The topics range from the "equation of measurement", a functional equation which plays an important role in the subject, through various approaches to price, efficiency, inequality and tax progression measurement to results on consistency, efficiency and separability in aggregation, productivity measurement, cost functions, allocation inefficiencies, key sector indices, and testing of integrability conditions in econometrics. There are applications to the economies of the U.S.A., Japan and Germany. It contains also papers which deal with preferences, environmental quality and with noxiousness of substances.
Author: Richard Stone
Publisher:
ISBN:
Category :
Languages : en
Pages : 85
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Book Description
Author: Nancy Baster
Publisher: Psychology Press
ISBN: 9780714629674
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Compilation of interdisciplinary research papers on the measurement of economic development, social change and modernization, with particular reference to the development of social indicators and economic indicators - comprises essays on theoretical problems and methodology (incl. Economic analysis, etc.). References.
Author: Sir John Richard Nicholas STONE
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
