Microeconomic Theory
ISBN:
9789401083720
Auflage:
Softcover reprint of the original 1st ed. 1986
Verlag:
Springer, Springer Netherland
Land des Verlags:
Deutschland
Erscheinungsdatum:
05.11.2011
Herausgeber:
Reihe:
Recent Economic Thought
Format:
Softcover
Seitenanzahl:
278
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It is often said that everyone understands precisely what is meant by the notion of probability-except those who have spent their lives studying the matter. Upon close scrutiny, the intuitively obvious idea of probability becomes quite elusive. Is it a subjective or objective concept? Are random variables simply improperly measured deterministic variables, or inherently random? What is meant by the phrase "other things held constant" that often appears in descriptions of probability? These questions involve fundamental philosophical and scientific issues, and promise to elude definitive answers for some time. The same type of difficulty arises when attempting to produce a volume on microeconomic theory. The obvious first question-what is microeconomic theory?--
Schlagwörter
