Robustness

Name: Robustness
Brand: Princeton University Press
SKU: 2371569
Author: Thomas J. Sargent

Thomas J. Sargent, Lars Peter Hansen

Princeton University Press

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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…

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Výběr knih autorů Thomas J. Sargent , Lars Peter Hansen