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Uncertainty in Economics : A History / / by Carlo Zappia



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Autore: Zappia Carlo Visualizza persona
Titolo: Uncertainty in Economics : A History / / by Carlo Zappia Visualizza cluster
Pubblicazione: Cham : , : Springer Nature Switzerland : , : Imprint : Springer, , 2025
Edizione: 1st ed. 2025.
Descrizione fisica: 1 online resource (210 pages)
Disciplina: 330.1509
Soggetto topico: Economics - History
Economic history
Microeconomics
Game theory
History of Economic Thought and Methodology
Economic History
Game Theory
Nota di contenuto: Chapter 1. Introduction -- Chapter 2. The Art of Conjecture: Probability and Utility -- Chapter 3. Uncertainty According to Knight and Keynes -- Chapter 4. Von Neumann, Morgenstern and Decision-making under Risk -- Chapter 5. Ramsey, de Finetti and Savage: Decisions under Uncertainty -- Chapter 6. Uncertainty as Ambiguity: Ellsberg and the Paradoxes of Decision Theory of choice -- Chapter 7. Modern Uncertainty Theories and the Return to Keynes.
Sommario/riassunto: This book introduces the economic theories that have placed uncertainty at the core of economic discourse. Covering the works of John Maynard Keynes and Frank Knight, as well as those of John von Neumann, Oskar Morgenstern, and Leonard Savage, it reconstructs the complex history of how economists have analyzed uncertainty, as distinct from risk, in the twentieth century. The text delves into the question of the extent to which uncertainty is a measurable entity, focusing on the perspective of those authors who have attempted to demonstrate its irreducibility to risk, with particular regard to Daniel Ellsberg and the ensuing current decision theory. The book will appeal to scholars of the history of economic thought, as well as students of advanced microeconomics, decision theory, game theory, and history of economic thought.
Titolo autorizzato: Uncertainty in Economics  Visualizza cluster
ISBN: 3-031-91221-7
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9911011773603321
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Serie: Springer Studies in the History of Economic Thought, . 2662-6101