Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:RobustnessISBN13:9780691170978ISBN10:0691170975Author:Hansen, Lars Peter (Author), Sargent, Thomas J. (Author)Description:The Standard Theory Of Decision Making Under Uncertainty Advises The Decision Maker To Form A Statistical Model Linking Outcomes To Decisions And Then To Choose The Optimal Distribution Of Outcomes This Assumes That The Decision Maker Trusts The Model Completely But What Should A Decision Maker Do If The Model Cannot Be Trusted? Lars Hansen And Thomas Sargent, Two Leading Macroeconomists, Push The Field Forward As They Set About Answering This Question They Adapt Robust Control Techniques And Apply Them To Economics By Using This Theory To Let Decision Makers Acknowledge Misspecification In Economic Modeling, The Authors Develop Applications To A Variety Of Problems In Dynamic Macroeconomics Technical, Rigorous, And Self-Contained, This Book Will Be Useful For Macroeconomists Who Seek To Improve The Robustness Of Decision-Making Processes Binding:Paperback, PaperbackPublisher:PRINCETON UNIV PRPublication Date:2016-06-28Weight:1.72 lbsDimensions:0.92'' H x 10'' L x 7.01'' WNumber of Pages:464Language:English
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Location: USA
End Time: 2024-02-19T13:12:59.000Z
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Book Title: Robustness
Item Length: 10in
Item Height: 1.1in
Item Width: 7in
Author: Thomas J. Sargent, Lars Peter Hansen
Publication Name: Robustness
Format: Trade Paperback
Language: English
Publisher: Princeton University Press
Publication Year: 2016
Type: Textbook
Item Weight: 27.1 Oz
Number of Pages: 464 Pages
