Decision Order And Time In Human Affairs
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Decision Order And Time In Human Affairs
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Author : G. L. S. Shackle
language : en
Publisher: Cambridge University Press
Release Date : 2010-06-24
Decision Order And Time In Human Affairs written by G. L. S. Shackle and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-06-24 with Business & Economics categories.
This second edition examines how one makes a decision and the factors that influence that decision.
Decision Order Time In Human Affairs
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Author : George Lennox Sharman Shackle
language : en
Publisher: CUP Archive
Release Date :
Decision Order Time In Human Affairs written by George Lennox Sharman Shackle and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Decision Order And Time In Human Affairs
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Author : George Lennox Sharman Shackle
language : en
Publisher:
Release Date : 1969
Decision Order And Time In Human Affairs written by George Lennox Sharman Shackle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with categories.
Decision Order And Time
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Author : George Lennox Sharman Shackle
language : en
Publisher:
Release Date : 1961
Decision Order And Time written by George Lennox Sharman Shackle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1961 with categories.
Time Ignorance And Uncertainty In Economic Models
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Author : Donald W. Katzner
language : en
Publisher: University of Michigan Press
Release Date : 1998
Time Ignorance And Uncertainty In Economic Models written by Donald W. Katzner and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
Formal economic analysis using Shackle's ideas of historical time and nonprobabilistic uncertainty
Unknowledge And Choice In Economics
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Author : Stephen F. Frowen
language : en
Publisher: Springer
Release Date : 1990-06-18
Unknowledge And Choice In Economics written by Stephen F. Frowen and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-06-18 with Business & Economics categories.
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.
Financial Markets In The Capitalist Process
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Author : Douglas Vickers
language : en
Publisher: University of Pennsylvania Press
Release Date : 2016-11-11
Financial Markets In The Capitalist Process written by Douglas Vickers and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-11 with Business & Economics categories.
The preoccupation of financial theory with static, timeless, equilibrium analysis has given rise to an orthodoxy that avoids the problems of uncertainty in the world. This work establishes new perspectives from which contemporary financial theory can be evaluated. Echoing Keynes' observation that "Human decisions . . . cannot depend on strict mathematical expectation," Douglas Vickers explains why most decisions in economics and finance are not made under conditions to which the calculus of probability applies. The author proposes a "new realism" in financial theory that takes into account the uncertainty in personal and economic decisions. Both business firms and financial investors, he contends, acquire an important perspective on their alternatives by focusing on the transitional, disequilibrium processes in financial markets rather than on their sup posed equilibrium conditions. This involves for economic decisions an understanding of "time" as "historic" in a genuine operational sense rather than as merely a logical variable. The notion of probability should be replaced by that of possibility, the concept that the British economist G. L. S. Shackle has called "potential surprise." In Part I, Vickers' innovative approach leads to a careful study of the "false trading" that occurs in real and financial markets. Part II provides an exposition and an evaluation of the equilibrium theory of financial asset prices. The new analytical apparatus is applied in Part Ill to investment decision making in the firm and to the choice of financial asset portfolios, as well as to the questions of asset trading and changes in portfolio composition. A scholarly and constructive work, Financial Markets in the Capitalist Process will generate controversy among professionals and debate among students for many years to come.
Post Keynesian Theories Of The Firm
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Author : Nobantu L. Mbeki
language : en
Publisher: Taylor & Francis
Release Date : 2023-04-07
Post Keynesian Theories Of The Firm written by Nobantu L. Mbeki and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-07 with Business & Economics categories.
Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short-run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.
Risk Analysis In Engineering And Economics
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Author : Bilal M. Ayyub
language : en
Publisher: CRC Press
Release Date : 2014-03-18
Risk Analysis In Engineering And Economics written by Bilal M. Ayyub and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-18 with Business & Economics categories.
Risk Analysis in Engineering and Economics is required reading for decision making under conditions of uncertainty. The author describes the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive e
Models Mathematics And Methodology In Economic Explanation
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Author : Donald W. Katzner
language : en
Publisher: Cambridge University Press
Release Date : 2018
Models Mathematics And Methodology In Economic Explanation written by Donald W. Katzner and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Business & Economics categories.
This book provides a practitioner's foundation for the process of explanatory model building, breaking down that process into five stages. Donald W. Katzner presents a concrete example with unquantified variable values to show how the five-stage procedure works. He describes what is involved in explanatory model building for those interested in this practice, while simultaneously providing a guide for those actually engaged in it. The combination of Katzner's focus on modeling and on mathematics, along with his focus on the explanatory performance of modeling, promises to become an important contribution to the field.