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Record Nr. |
UNINA9910822280103321 |
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Autore |
Keuzenkamp Hugo A. |
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Titolo |
Probability, econometrics and truth : the methodology of econometrics / / Hugo A. Keuzenkamp [[electronic resource]] |
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Pubbl/distr/stampa |
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Cambridge : , : Cambridge University Press, , 2000 |
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ISBN |
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1-107-11285-0 |
1-280-15196-X |
0-511-11632-2 |
0-511-01579-8 |
0-511-15602-2 |
0-511-32902-4 |
0-511-49330-4 |
0-511-05330-4 |
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Descrizione fisica |
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1 online resource (ix, 312 pages) : digital, PDF file(s) |
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Disciplina |
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Soggetti |
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Econometrics |
Probabilities |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Title from publisher's bibliographic system (viewed on 05 Oct 2015). |
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Nota di bibliografia |
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Includes bibliographical references (p. 281-298) and index. |
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Nota di contenuto |
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The philosophy of induction -- Probability and indifference -- Intermezzo: a formal scheme of reference. |
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Sommario/riassunto |
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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 |
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