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Robustness
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Robustness Hardcover - 2008

by Lars Peter Hansen


From the publisher

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.

Details

  • Title Robustness
  • Author Lars Peter Hansen
  • Binding Hardcover
  • Edition Illustrated.
  • Pages 510
  • Language ENG
  • Publisher Princeton University Press, Princeton
  • Date 2008
  • ISBN 9780691114422
  • Library of Congress Catalog Number 2007927641

About the author

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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Robustness
Stock Photo: Cover May Be Different

Robustness

by Hansen, Lars Peter; Sargent, Thomas J.

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  • Hardcover
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Hardcover
ISBN 10 / ISBN 13
9780691114422 / 0691114420
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Princeton University Press, 2007. Hardcover. Good. Former library book; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less.Dust jacket quality is not guaranteed.
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A$54.49
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Robustness
Stock Photo: Cover May Be Different

Robustness

by Hansen, Lars Peter; Sargent, Thomas J

  • Used
  • Hardcover
Condition
Like New
Binding
Hardcover
ISBN 10 / ISBN 13
9780691114422 / 0691114420
Quantity Available
1
Seller
washington, District of Columbia, United States
Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
Item Price
A$202.86
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Description:
Princeton University Press, 2007-11-18. Hardcover. Like New. Hardcover w/dust jacket. Strong binding. Clean, unmarked text. Thanks for looking!
Item Price
A$202.86
FREE shipping to USA