Uncertainty Within Economic Models

Language: English

Published by World Scientific Publishing Co Pte Ltd, SG, 2014

9814578118 / 9789814578110

Series: Book 4 of 5 - World Scientific Series In Economic Theory

  • Hardcover
  • New
See all details

Seller: Rarewaves.com USA, London, London, United KingdomRarewaves.com USA

5-star seller

AbeBooks seller since June 11, 2025

Hardcover

Condition: New

£ 210.24

 Free Shipping 
Ships from United Kingdom to U.S.A.

Quantity: Over 20 available

Add to basket
Free 30-day returns

Item description from seller

Written by Lars Peter Hansen (Nobel Laureate in Economics, 2013) and Thomas Sargent (Nobel Laureate in Economics, 2011), Uncertainty within Economic Models includes articles adapting and applying robust control theory to problems in economics and finance. This book extends rational expectations models by including agents who doubt their models and adopt precautionary decisions designed to protect themselves from adverse consequences of model misspecification. This behavior has consequences for what are ordinarily interpreted as market prices of risk, but big parts of which should actually be interpreted as market prices of model uncertainty. The chapters discuss ways of calibrating agents' fears of model misspecification in quantitative contexts.

Seller Inventory # LU-9789814578110

Title
Uncertainty Within Economic Models
Author
Lars Peter Hansen, Thomas J Sargent
Publisher
World Scientific Publishing Co Pte Ltd, SG
Publication year
2014
Condition
New
Binding
Hardback
Language
English
ISBN 10
9814578118
ISBN 13
9789814578110
Series
Book 4 of 5: World Scientific Series In Economic Theory

Rarewaves.com USA

London, London, United Kingdom

5-star seller

AbeBooks seller since June 11, 2025

Shipping rates from United Kingdom to U.S.A.

Item9 to 14 business days9 to 14 business days
First item£ 0.00£ 0.00
Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.

Payment methods

  • Visa
  • Mastercard
  • American Express
  • Apple Pay
  • Google Pay

Seller's business information

RAREWAVES.COM LIMITED

Elsley Court, 20-22 Great Titchfield Street
London, United Kingdom W1W 8BE