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OverviewThe 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. It assumes that you trust the model completely. But what should a decision maker do if the model cannot be trusted? This work answers this question. Full Product DetailsAuthor: Lars Peter Hansen , Thomas J. SargentPublisher: Princeton University Press Imprint: Princeton University Press Dimensions: Width: 17.80cm , Height: 3.60cm , Length: 25.40cm Weight: 1.106kg ISBN: 9780691114422ISBN 10: 0691114420 Pages: 464 Publication Date: 18 November 2007 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Hardback Publisher's Status: Out of Print Availability: Awaiting stock Language: English Table of ContentsReviewsThe book is self-contained and rigorous and may be interesting not only for macroeconomists who seek to improve the robustness of decision making process but also for control engineers interested in different applications of their professional abilities. --A. Swierniak, Zentralblatt MATH The book is self-contained and rigorous and may be interesting not only for macroeconomists who seek to improve the robustness of decision making process but also for control engineers interested in different applications of their professional abilities. -- A. Swierniak, Zentralblatt MATH The book is self-contained and rigorous and may be interesting not only for macroeconomists who seek to improve the robustness of decision making process but also for control engineers interested in different applications of their professional abilities. -- A. Swierniak Zentralblatt MATH Author InformationLars Peter Hansen is the Homer J. Livingston Distinguished Service Professor in the Department of Economics at the University of Chicago. Thomas J. Sargent is professor of economics at New York University and senior fellow at the Hoover Institution. He is the author of The Conquest of American Inflation and the coauthor of The Big Problem of Small Change (both Princeton). Tab Content 6Author Website:Countries AvailableAll regions |