03693nam 22006135 450 991025502390332120200630015013.03-319-55351-810.1007/978-3-319-55351-1(CKB)4340000000061467(MiAaPQ)EBC4898821(DE-He213)978-3-319-55351-1(EXLCZ)99434000000006146720170704d2017 u| 0engurcnu||||||||rdacontentrdamediardacarrierUncertainty in Economics A New Approach /by Julia Köhn1st ed. 2017.Cham :Springer International Publishing :Imprint: Springer,2017.1 online resource (199 pages) illustrationsContributions to Economics,1431-19333-319-55350-X Includes bibliographical references at the end of each chapters.Part I: Uncertainty in economic thought -- Uncertainty in the history of economic thought -- Truth, probability and uncertainty -- The principles of economics -- Probability and neoclassical uncertainty -- Part II: Philosophies of uncertainty -- The origin of the profit -- Uncertainty and economic instability.-The division of knowledge and unknowledge -- The nature of economics -- Part III: Methodology of uncertainty -- Extending the boundaries of economics -- Uncertainty and fiction -- Human after all. .In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions’ attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness of modern economics to economic phenomena such as instability, slumps or excessive booms. Based on these findings the author develops a new approach that legitimizes a New Uncertainty Paradigm in economics.Contributions to Economics,1431-1933Schools of economicsRisk managementPhilosophy and social sciencesMacroeconomicsHeterodox Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W53000Risk Managementhttps://scigraph.springernature.com/ontologies/product-market-codes/612040Philosophy of the Social Scienceshttps://scigraph.springernature.com/ontologies/product-market-codes/E36000Macroeconomics/Monetary Economics//Financial Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W32000Schools of economics.Risk management.Philosophy and social sciences.Macroeconomics.Heterodox Economics.Risk Management.Philosophy of the Social Sciences.Macroeconomics/Monetary Economics//Financial Economics.338.064Köhn Juliaauthttp://id.loc.gov/vocabulary/relators/aut879361MiAaPQMiAaPQMiAaPQBOOK9910255023903321Uncertainty in Economics1963607UNINA