Uncertainty in Economics and Other Reflections

Uncertainty in Economics and Other Reflections PDF Author: G. L. S. Shackle
Publisher: Cambridge University Press
ISBN: 9780521153317
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This book is a collection of some of Professor Shackle's papers written between 1939 and 1953 is largely concerned with the problems of 'expectation' and 'uncertainty' and with reducing these universal factors to some sort of plausible rules. Also included are essays on interest rates, on investment and employment, and on the philosophy of economics. This book, by one of the finest economic writers of his time, will appeal to anyone with an interest in the history of economics.

Uncertainty in Economics and Other Reflections

Uncertainty in Economics and Other Reflections PDF Author: G. L. S. Shackle
Publisher: Cambridge University Press
ISBN: 9780521153317
Category : Business & Economics
Languages : en
Pages : 292

Get Book

Book Description
This book is a collection of some of Professor Shackle's papers written between 1939 and 1953 is largely concerned with the problems of 'expectation' and 'uncertainty' and with reducing these universal factors to some sort of plausible rules. Also included are essays on interest rates, on investment and employment, and on the philosophy of economics. This book, by one of the finest economic writers of his time, will appeal to anyone with an interest in the history of economics.

Uncertainty in Economics and Other Reflections

Uncertainty in Economics and Other Reflections PDF Author: George Lennox Sharman Shackle
Publisher:
ISBN:
Category :
Languages : en
Pages : 267

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Book Description


Uncertainty in Economics, and Other Reflections

Uncertainty in Economics, and Other Reflections PDF Author: G L S (George Lennox Shar Shackle
Publisher: Hassell Street Press
ISBN: 9781014314956
Category :
Languages : en
Pages : 292

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Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Uncertainty in Economics

Uncertainty in Economics PDF Author: George Lennox Sharman Shackle
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 267

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Book Description


The 'Uncertain' Foundations of Post Keynesian Economics

The 'Uncertain' Foundations of Post Keynesian Economics PDF Author: Stephen Dunn
Publisher: Routledge
ISBN: 1134469462
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
This important new book introduces, analyzes and takes forward a post-Keynesian theory of the firm. It makes a vital contribution to the conceptualisation of uncertainty that is consistent with the methodological presuppositions of Post Keynesian economics. The author attempts to make a positive contribution to the development of Post Keynesian economics by refuting allegations of incoherence, detailing some of the salient implications of a transmutable conception of economic processes and then starting to explore what this means for how Post Keynesians conceptualise uncertainty. The book argues that the Post Keynesian distinctive view of time, understood as a non-deterministic open systems process, is a core and defining characteristic which is linked to its theoretical discussion of money and the principle of effective demand. Covering areas such as the coherence of Post Keynesianism, the future of Post Keynesian economics and Keynesian methodological debates, this book is useful reading for all Post Keynesian scholars with a strong interest in economic methodology and the philosophical underpinnings of economics.

Uncertainty and Economics

Uncertainty and Economics PDF Author: Christian Müller-Kademann
Publisher: Routledge
ISBN: 0429664494
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
This book is set against the assumption that humans' unique feature is their infinite creativity, their ability to reflect on their deeds and to control their actions. These skills give rise to genuine uncertainty in society and hence in the economy. Here, the author sets out that uncertainty must take centre stage in all analyses of human decision making and therefore in economics. Uncertainty and Economics carefully defines a taxonomy of uncertainty and argues that it is only uncertainty in its most radical form which matters to economics. It shows that uncertainty is a powerful concept that not only helps to resolve long-standing economic puzzles but also unveils serious contradictions within current, popular economic approaches. It argues that neoclassical, real business cycle, or new-Keynesian economics must be understood as only one way to circumvent the analytical challenges posed by uncertainty. Instead, embracing uncertainty offers a new analytical paradigm which, in this book, is applied to standard economic topics such as institutions, money, the Lucas critique, fiscal policy and asset pricing. Through applying a concise uncertainty paradigm, the book sheds new light on human decision making at large. Offering policy conclusions and recommendations for further theoretical and applied research, it will be of great interest to postgraduate students, academics and policy makers.

Uncertain Futures

Uncertain Futures PDF Author: Jens Beckert
Publisher: Oxford University Press
ISBN: 0192552740
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
Uncertain Futures considers how economic actors visualize the future and decide how to act in conditions of radical uncertainty. It starts from the premise that dynamic capitalist economies are characterized by relentless innovation and novelty and hence exhibit an indeterminacy that cannot be reduced to measurable risk. The organizing question then becomes how economic actors form expectations and make decisions despite the uncertainty they face. This edited volume lays the foundations for a new model of economic reasoning by showing how, in conditions of uncertainty, economic actors combine calculation with imaginaries and narratives to form fictional expectations that coordinate action and provide the confidence to act. It draws on groundbreaking research in economic sociology, economics, anthropology, and psychology to present theoretically grounded empirical case studies. These demonstrate how grand narratives, central bank forward guidance, economic forecasts, finance models, business plans, visions of technological futures, and new era stories influence behaviour and become instruments of power in markets and societies. The market impact of shared calculative devices, social narratives, and contingent imaginaries underlines the rationale for a new form of narrative economics.

Unknowledge and Choice in Economics

Unknowledge and Choice in Economics PDF Author: Stephen F. Frowen
Publisher: Springer
ISBN: 1349080977
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
A collection of papers dicussing unknowledge and choice in economics. The topics focus especially on G.L.S.Shackle's theories and his place in subjectivist thought but also include time, choice and dynamics in economics and interest rates and investment decisions.

Keynes, Post-Keynesianism and Political Economy

Keynes, Post-Keynesianism and Political Economy PDF Author: Peter Kriesler
Publisher: Routledge
ISBN: 1134825978
Category : Business & Economics
Languages : en
Pages : 562

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Book Description
Collected here are wide-ranging contributions to economics in general, and to post-Keynesian economics in particular by leading economists.

Perspectives on Uncertainty and Risk

Perspectives on Uncertainty and Risk PDF Author: Marjolein B.A. van Asselt
Publisher: Springer Science & Business Media
ISBN: 9401725837
Category : Technology & Engineering
Languages : en
Pages : 444

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Book Description
This volume is intended to stimulate a change in the practice of decision support, advocating an interdisciplinary approach centred on both social and natural sciences, both theory and practice. It addresses the issue of analysis and management of uncertainty and risk in decision support corresponding to the aims of Integrated Assessment. A pluralistic method is necessary to account for legitimate plural interpretations of uncertainty and multiple risk perceptions. A wide range of methods and tools is presented to contribute to adequate and effective pluralistic uncertainty management and risk analysis in decision support endeavours. Special attention is given to the development of one such approach, the Pluralistic fRamework for Integrated uncertainty Management and risk Analysis (PRIMA), of which the practical value is explored in the context of the Environmental Outlooks produced by the Dutch Institute for Public Health and Environment (RIVM). Audience: This book will be of interest to researchers and practitioners whose work involves decision support, uncertainty management, risk analysis, environmental planning, and Integrated Assessment.