Catastrophe Theory: Implications for Probability

John W Murphy

American Journal of Economics and Sociology, 1991, vol. 50, issue 2, 143-148

Abstract: ABSTRACT The work of Rene Thom relating to catastrophe theory has influenced probability theory Since so much of the research conducted by social scientists depends on calculating the probability that events will occur, an introduction to catastrophe theory is needed By discussing the social implications of the position outlined by Thom, social scientists will better understand the difficulties associated with generating probability statements

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:50:y:1991:i:2:p:143-148

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