Uncertainty about Uncertainty
Chapter 5 in Foundations for New Economic Thinking, 2012, pp 72-82 from Palgrave Macmillan
Abstract ‘To teach how to live without certainty, and yet without being paralysed by hesitation, is perhaps the chief thing that philosophy, in our age, can still do for those who study it’ (Russell, 1946, p. 14).
Keywords: Measurable Probability; Relevant Evidence; Rational Belief; Economic Thinking; Stochastic Term (search for similar items in EconPapers)
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Working Paper: Uncertainty About Uncertainty (1993)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-00072-9_5
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