Probability Econometrics And Truth
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Probability Econometrics And Truth
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Author : Hugo A. Keuzenkamp
language : en
Publisher: Cambridge University Press
Release Date : 2000-11-02
Probability Econometrics And Truth written by Hugo A. Keuzenkamp 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 2000-11-02 with Business & Economics categories.
When John Maynard Keynes likened Jan Tinbergen's early work in econometrics to black magic and alchemy, he was expressing a widely held view of a new discipline. However, even after half a century of practical work and theorizing by some of the most accomplished social scientists, Keynes' comments are still repeated today. This book assesses the foundations and development of econometrics and sets out a basis for the reconstruction of the foundations of econometric inference by examining the various interpretations of probability theory which underlie econometrics. Keuzenkamp claims that the probabilistic foundations of econometrics are weak, and although econometric inferences may yield interesting knowledge, claims to be able to falsify or verify economic theories are unwarranted. Methodological falsificationism in econometrics is an illusion. Instead, it is argued, econometrics should locate itself in the tradition of positivism.
Probability Econometrics And Truth
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Author : H. A. Keuzenkamp
language : en
Publisher:
Release Date : 1994
Probability Econometrics And Truth written by H. A. Keuzenkamp and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
Probability Econometrics And Truth A Treatise On The Foundations Of Econometric Inference
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Author : Hugo Albert Keuzenkamp
language : en
Publisher:
Release Date : 1994
Probability Econometrics And Truth A Treatise On The Foundations Of Econometric Inference written by Hugo Albert Keuzenkamp and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
The Truth About Economics
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Author : Michael Ryan
language : en
Publisher: Gatekeeper Press
Release Date : 2017-12-06
The Truth About Economics written by Michael Ryan and has been published by Gatekeeper Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-06 with categories.
This book presents a fascinating story about how academia got it all wrong. Was it an academic conspiracy? Was it peculiar social pressures in academia? Regardless of how it all came about, it is time to teach our children financial literacy instead of economics. Financial literacy is a course that prepares our children for success in today’s economic society. Typical economics courses do nothing to prepare your child for understanding day to day economic responsibility. This book presents the reasons to join the battle. It is time to stand up and demand relevant education from your state education system.
Intermediate Statistics And Econometrics
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Author : Dale J. Poirier
language : en
Publisher: MIT Press
Release Date : 1995
Intermediate Statistics And Econometrics written by Dale J. Poirier and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
The standard introductory texts to mathematical statistics leave the Bayesian approach to be taught later in advanced topics courses-giving students the impression that Bayesian statistics provide but a few techniques appropriate in only special circumstances. Nothing could be further from the truth, argues Dale Poirier, who has developed a course for teaching comparatively both the classical and the Bayesian approaches to econometrics. Poirier's text provides a thoroughly modern, self-contained, comprehensive, and accessible treatment of the probability and statistical foundations of econometrics with special emphasis on the linear regression model. Written primarily for advanced undergraduate and graduate students who are pursuing research careers in economics, Intermediate Statistics and Econometrics offers a broad perspective, bringing together a great deal of diverse material. Its comparative approach, emphasis on regression and prediction, and numerous exercises and references provide a solid foundation for subsequent courses in econometrics and will prove a valuable resource to many nonspecialists who want to update their quantitative skills. The introduction closes with an example of a real-world data set-the Challengerspace shuttle disaster-that motivates much of the text's theoretical discussion. The ten chapters that follow cover basic concepts, special distributions, distributions of functions of random variables, sampling theory, estimation, hypothesis testing, prediction, and the linear regression model. Appendixes contain a review of matrix algebra, computation, and statistical tables.
Truth Or Economics
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Author : Richard S. Markovits
language : en
Publisher: Yale University Press
Release Date : 2008-10-01
Truth Or Economics written by Richard S. Markovits and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-01 with Business & Economics categories.
Is economic efficiency a sound basis upon which to make public policy or legal decisions? In this sophisticated analysis, Richard S. Markovits considers the way in which scholars and public decision-makers define, predict, and assess the moral and legal relevance of economic efficiency. The author begins by identifying imperfections in the traditional definition of economic efficiency. He then develops and illustrates an appropriate response to Second-Best Theory and investigates the moral and legal relevance of economic-efficiency analyses. Not only do virtually all economic, legal, and public policy thinkers misdefine economic efficiency, the author concludes, they also ignore or respond inadequately to Second-Best Theory when analyzing the economic efficiency of public choices and misassess the relevance of economic-efficiency conclusions both for moral evaluations and for the answer to legal-rights questions that is correct as a matter of law.
Statistics And Truth
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Author : Calyampudi Radhakrishna Rao
language : en
Publisher: World Scientific
Release Date : 1997
Statistics And Truth written by Calyampudi Radhakrishna Rao and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Mathematics categories.
Written by one of the top most statisticians with experience in diverse fields of applications of statistics, the book deals with the philosophical and methodological aspects of information technology, collection and analysis of data to provide insight into a problem, whether it is scientific research, policy making by government or decision making in our daily lives.The author dispels the doubts that chance is an expression of our ignorance which makes accurate prediction impossible and illustrates how our thinking has changed with quantification of uncertainty by showing that chance is no longer the obstructor but a way of expressing our knowledge. Indeed, chance can create and help in the investigation of truth. It is eloquently demonstrated with numerous examples of applications that statistics is the science, technology and art of extracting information from data and is based on a study of the laws of chance. It is highlighted how statistical ideas played a vital role in scientific and other investigations even before statistics was recognized as a separate discipline and how statistics is now evolving as a versatile, powerful and inevitable tool in diverse fields of human endeavor such as literature, legal matters, industry, archaeology and medicine.Use of statistics to the layman in improving the quality of life through wise decision making is emphasized.
The Foundations Of Mathematics And Other Logical Essays
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Author : Frank Plumpton Ramsey
language : en
Publisher: Psychology Press
Release Date : 2000
The Foundations Of Mathematics And Other Logical Essays written by Frank Plumpton Ramsey and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Mathematics categories.
First Published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
Systems Engineering With Economics Probability And Statistics
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Author : C. Jotin Khisty
language : en
Publisher: J. Ross Publishing
Release Date : 2012
Systems Engineering With Economics Probability And Statistics written by C. Jotin Khisty and has been published by J. Ross Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Technology & Engineering categories.
This title offers an overview of the fundamentals and practice applications of probability and statistics, microeconomics, engineering economics, hard and soft systems analysis, and sustainable development and sustainability applications in engineering planning.
Patentism Replacing Capitalism
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Author : Samuel Meng
language : en
Publisher: Springer
Release Date : 2019-05-03
Patentism Replacing Capitalism written by Samuel Meng and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-03 with Business & Economics categories.
Based on economic knowledge and logical reasoning, this book proposes a solution to economic recessions and offers a route for societal change to end capitalism. The author starts with a brief review of the history of economics, and then questions and rejects the trend of recent decades that has seen econometrics replace economic theory. By reviewing the different schools of economic thought and by examining the limitations of existing theories to business cycles and economic growth, the author forms a new theory to explain cyclic economic growth. According to this theory, economic recessions result from innovation scarcity, which in turn results from the flawed design of the patent system. The author suggests a new design for the patent system and envisions that the new design would bring about large economic and societal changes. Under this new patent system, the synergy of the patent and capital markets would ensure that economic recessions could be avoided and that the economy would grow at the highest speed.