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Uncertainty in Economics : A New Approach / / by Julia Köhn



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Autore: Köhn Julia Visualizza persona
Titolo: Uncertainty in Economics : A New Approach / / by Julia Köhn Visualizza cluster
Pubblicazione: Cham : , : Springer International Publishing : , : Imprint : Springer, , 2017
Edizione: 1st ed. 2017.
Descrizione fisica: 1 online resource (199 pages) : illustrations
Disciplina: 338.064
Soggetto topico: Schools of economics
Risk management
Philosophy and social sciences
Macroeconomics
Heterodox Economics
Risk Management
Philosophy of the Social Sciences
Macroeconomics/Monetary Economics//Financial Economics
Nota di bibliografia: Includes bibliographical references at the end of each chapters.
Nota di contenuto: 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. .
Sommario/riassunto: 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.
Titolo autorizzato: Uncertainty in Economics  Visualizza cluster
ISBN: 3-319-55351-8
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910255023903321
Lo trovi qui: Univ. Federico II
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Serie: Contributions to Economics, . 1431-1933