Uncertainty in Economics: A New Approach

Kohn, Julia

  • 出版商: Springer
  • 出版日期: 2019-07-28
  • 售價: $4,770
  • 貴賓價: 9.5$4,532
  • 語言: 英文
  • 頁數: 199
  • 裝訂: Quality Paper - also called trade paper
  • ISBN: 3319856359
  • ISBN-13: 9783319856353
  • 相關分類: 經濟學 Economy
  • 下單後立即進貨 (約1週~2週)

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商品描述

In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions' attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness of modern economics to economic phenomena such as instability, slumps or excessive booms. Based on these findings the author develops a new approach that legitimizes a New Uncertainty Paradigm in economics.

作者簡介

Julia Köhn studied Business, Economics & Philosophy at Witten/Herdecke University and at the Erasmus Institute for Economics and Philosophy at the Erasmus University Rotterdam. She is scholar of the Konrad-Adenauer Foundation and member of the Think Thank "New Social Market Economy" as well as the Young Scholars Initiative of the Institute for New Economic Thinking in New York.