Lars Peter Hansen, Thomas J. Sargent
Robustness
- ISBN 13:
- 9780691170978
- author:
- Lars Peter Hansen, Thomas J. Sargent
- format:
- Paperback
- publisher:
- Princeton University Press Reprint edition
- language:
- English
- Publication Year:
- 2016
- Pages:
- 454
- Dimensions:
- 17.8 x 2.3 x 25.4 cm
- Genre:
- Business, Finance & Law, Economics, Macroeconomics, Lars Peter Hansen, Thomas J. Sargent,Robustness,Princeton University Press,0691170975,Economics: Professional & General,Business & Economics,Business / Economics / Finance,Business/Economics,Economi
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Robustness: A New Approach to Decision Making Under Uncertainty Lars Peter Hansen and Thomas J. Sargent present a groundbreaking theory that challenges the standard approach to decision making under uncertainty. They explore how to develop robust control techniques for economic modeling, allowing decision makers to acknowledge and address potential errors. By adapting these techniques to economics, the authors provide new insights into dynamic macroeconomics and offer practical applications for improving decision-making processes. This technical and rigorous book is designed for macroeconomists seeking to enhance the robustness of their work. With its self-contained approach, Robustness provides a valuable resource for those looking to advance their understanding of economic modeling and decision making under uncertainty.