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© 2026 Bookis AS

English

Uncertainty Within Economic Models

Hardcover • 2014 • 1. edition

Uncertainty Within Economic Models

By Lars Peter Hansen, Thomas J. Sargent

0 Ratings • 0.0 of 5

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About the book

Written by Lars Peter Hansen (Nobel Laureate in Economics, 2013) and Thomas Sargent (Nobel Laureate in Economics, 2011), Uncertainty within Economic Models includes articles adapting and applying robust control theory to problems in economics and finance. This book extends rational expectations models by including agents who doubt their models and adopt precautionary decisions designed to protect themselves from adverse consequences of model misspecification. This behavior has consequences for w...Show more

Book details

ISBN

9789814578110

Publisher

World Scientific Publishing Co Pte Ltd

Published year

2014

Language

Edition

1

Original title

Uncertainty Within Economic Models

Format

Hardcover

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