Robustness

Author:   Lars Peter Hansen ,  Thomas J. Sargent
Publisher:   Princeton University Press
ISBN:  

9780691114422


Pages:   464
Publication Date:   18 November 2007
Format:   Hardback
Availability:   Awaiting stock   Availability explained


Our Price $145.20 Quantity:  
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Robustness


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Overview

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. 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 Details

Author:   Lars Peter Hansen ,  Thomas J. Sargent
Publisher:   Princeton University Press
Imprint:   Princeton University Press
Dimensions:   Width: 17.80cm , Height: 3.60cm , Length: 25.40cm
Weight:   1.106kg
ISBN:  

9780691114422


ISBN 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   Availability explained

Language:   English

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Reviews

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


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 Information

Lars 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).

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