Economic Models Of Survival Under Uncertainty
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Economic Models Of Survival Under Uncertainty
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Author : Santanu Roy
language : en
Publisher:
Release Date : 1992
Economic Models Of Survival Under Uncertainty written by Santanu Roy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.
Rational Expectations Econometrics
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Author : Lars Peter Hansen
language : en
Publisher: CRC Press
Release Date : 2019-09-05
Rational Expectations Econometrics written by Lars Peter Hansen and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-05 with Mathematics categories.
At the core of the rational expectations revolution is the insight that economic policy does not operate independently of economic agents' knowledge of that policy and their expectations of the effects of that policy. This means that there are very complicated feedback relationships existing between policy and the behaviour of economic agents, and these relationships pose very difficult problems in econometrics when one tries to exploit the rational expectations insight in formal economic modelling. This volume consists of work by two rational expectations pioneers dealing with the "nuts and bolts" problems of modelling the complications introduced by rational expectations. Each paper deals with aspects of the problem of making inferences about parameters of a dynamic economic model on the basis of time series observations. Each exploits restrictions on an econometric model imposed by the hypothesis that agents within the model have rational expectations.
Survival Under Uncertainty
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Author : Dimitri Volchenkov
language : en
Publisher: Springer
Release Date : 2016-06-28
Survival Under Uncertainty written by Dimitri Volchenkov and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-28 with Science categories.
This book introduces and studies a number of stochastic models of subsistence, communication, social evolution and political transition that will allow the reader to grasp the role of uncertainty as a fundamental property of our irreversible world. At the same time, it aims to bring about a more interdisciplinary and quantitative approach across very diverse fields of research in the humanities and social sciences. Through the examples treated in this work – including anthropology, demography, migration, geopolitics, management, and bioecology, among other things – evidence is gathered to show that volatile environments may change the rules of the evolutionary selection and dynamics of any social system, creating a situation of adaptive uncertainty, in particular, whenever the rate of change of the environment exceeds the rate of adaptation. Last but not least, it is hoped that this book will contribute to the understanding that inherent randomness can also be a great opportunity – for social systems and individuals alike – to help face the challenge of “survival under uncertainty”.
Bad Year Economics
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Author : Paul Halstead
language : en
Publisher: Cambridge University Press
Release Date : 1989-09-29
Bad Year Economics written by Paul Halstead 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 1989-09-29 with Business & Economics categories.
Explores the role of risk and uncertainty in human economics within an interdisciplinary an cross-cultural framework.
Asymptotics Nonparametrics And Time Series
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Author : Subir Ghosh
language : en
Publisher: CRC Press
Release Date : 1999-02-18
Asymptotics Nonparametrics And Time Series written by Subir Ghosh and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-02-18 with Mathematics categories.
"Contains over 2500 equations and exhaustively covers not only nonparametrics but also parametric, semiparametric, frequentist, Bayesian, bootstrap, adaptive, univariate, and multivariate statistical methods, as well as practical uses of Markov chain models."
Uncertainty Within Economic Models
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Author : Lars Peter Hansen
language : en
Publisher: World Scientific
Release Date : 2014-09-09
Uncertainty Within Economic Models written by Lars Peter Hansen and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-09 with Business & Economics categories.
Written by Lars Peter Hansen (Nobel Laureate in Economics, 2013) and Thomas Sargent (Nobel Laureate in Economics, 2011), Uncertainty within Economic Models includes articles adapting and applying robust control theory to problems in economics and finance. This book extends rational expectations models by including agents who doubt their models and adopt precautionary decisions designed to protect themselves from adverse consequences of model misspecification. This behavior has consequences for what are ordinarily interpreted as market prices of risk, but big parts of which should actually be interpreted as market prices of model uncertainty. The chapters discuss ways of calibrating agents' fears of model misspecification in quantitative contexts.
A New Contract With The Middle Class
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Author : Richard V. Reeves
language : en
Publisher: Brookings Institution Press
Release Date : 2020-10-06
A New Contract With The Middle Class written by Richard V. Reeves and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-06 with Business & Economics categories.
A better future for the middle class is no longer an aspiration. It is a necessity. The disintegration of the American Dream is more visible than ever before. The understanding—the contract—that existed between individuals willing to work and contribute and a society willing to support those individuals when they needed it is falling apart. Now is the time to draft a new contract with America's middle class. One that rewards work and service, improves upward mobility, and reduces inequality. In A New Contract with the Middle Class Brookings senior fellows Isabel Sawhill and Richard Reeves outline the foundations of what that new contract should be, based on discussions they had across the country with middle-class Americans. Sawhill and Reeves' recommendations provide solutions to issues that came up time and time again in these conversations: money, time, relationships, health, and respect. Some of the bold recommendations included in A New Contract with the Middle Class: • Eliminate virtually all income taxes paid by the middle class. • Raise the minimum wage and subsidize wages below the median with a worker tax credit. • Offer scholarships for those who undertake at least a year of national service. • Ensure four weeks of paid leave per year. • Align school and working hours and boost child care to help working parents. America is only as strong as the American middle-class. A New Contract with the Middle Class proposes a new way forward.
World Congress Of Nonlinear Analysts 92
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Author : V. Lakshmikantham
language : en
Publisher: Walter de Gruyter
Release Date : 2011-11-14
World Congress Of Nonlinear Analysts 92 written by V. Lakshmikantham and has been published by Walter de Gruyter this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-14 with Mathematics categories.
Essays In Dynamic General Equilibrium Theory
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Author : Alessandro Citanna
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-01-11
Essays In Dynamic General Equilibrium Theory written by Alessandro Citanna and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-11 with Business & Economics categories.
In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.
Decision Modelling For Health Economic Evaluation
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Author : Andrew Briggs
language : en
Publisher: OUP Oxford
Release Date : 2006-08-17
Decision Modelling For Health Economic Evaluation written by Andrew Briggs and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08-17 with Medical categories.
In financially constrained health systems across the world, increasing emphasis is being placed on the ability to demonstrate that health care interventions are not only effective, but also cost-effective. This book deals with decision modelling techniques that can be used to estimate the value for money of various interventions including medical devices, surgical procedures, diagnostic technologies, and pharmaceuticals. Particular emphasis is placed on the importance of the appropriate representation of uncertainty in the evaluative process and the implication this uncertainty has for decision making and the need for future research. This highly practical guide takes the reader through the key principles and approaches of modelling techniques. It begins with the basics of constructing different forms of the model, the population of the model with input parameter estimates, analysis of the results, and progression to the holistic view of models as a valuable tool for informing future research exercises. Case studies and exercises are supported with online templates and solutions. This book will help analysts understand the contribution of decision-analytic modelling to the evaluation of health care programmes. ABOUT THE SERIES: Economic evaluation of health interventions is a growing specialist field, and this series of practical handbooks will tackle, in-depth, topics superficially addressed in more general health economics books. Each volume will include illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. This series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced health economics courses, and health researchers in associated fields.