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Prediction or Prophecy? The Boundaries of Economic Foreknowledge and Their Socio-Political Consequences /
Economic policy making matters to all of us. Economists are supposed to provide the necessary knowledge which enables policy makers to take effective economic policy decisions. Gregor Betz explores the following questions: " Where are the limits of economics, in particular the limits of economi...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Wiesbaden :
Deutscher Universitätsverlag : Imprint: Deutscher Universitätsverlag,
2006.
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| Edición: | 1st ed. 2006. |
| Temas: | |
| Acceso en línea: | Texto Completo |
MARC
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| 024 | 7 | |a 10.1007/978-3-8350-9053-8 |2 doi | |
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| 100 | 1 | |a Betz, Gregor. |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
| 245 | 1 | 0 | |a Prediction or Prophecy? |h [electronic resource] : |b The Boundaries of Economic Foreknowledge and Their Socio-Political Consequences / |c by Gregor Betz. |
| 250 | |a 1st ed. 2006. | ||
| 264 | 1 | |a Wiesbaden : |b Deutscher Universitätsverlag : |b Imprint: Deutscher Universitätsverlag, |c 2006. | |
| 300 | |a XV, 280 p. |b online resource. | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
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| 505 | 0 | |a Assessing the predictive limits of economics -- Recent performance of economic forecasts -- A historical perspective on economic forecast performance -- Forecast performance in natural sciences -- Understanding the predictive limits of economics -- Predictability of complex systems -- The quality of data -- Expectations and reflexiveness -- Sensitive dependence on initial conditions -- Experiment and simulation -- Unrealistic-assumption explanations -- Living with the predictive limits of economics -- Consequences for traditional decision making -- Rational decision making under uncertainty and ignorance -- Post-normal science. | |
| 520 | |a Economic policy making matters to all of us. Economists are supposed to provide the necessary knowledge which enables policy makers to take effective economic policy decisions. Gregor Betz explores the following questions: " Where are the limits of economics, in particular the limits of economic foreknowledge? " Are macroeconomic forecasts credible predictions or mere prophecies and what would this imply for the way economic policy decisions are taken? " Is rational economic decision making possible without forecasting at all? Numerous case studies, drawn from economics and natural sciences, underpin the general argumentation. | ||
| 650 | 0 | |a Economics. | |
| 650 | 1 | 4 | |a Economics. |
| 710 | 2 | |a SpringerLink (Online service) | |
| 773 | 0 | |t Springer Nature eBook | |
| 776 | 0 | 8 | |i Printed edition: |z 9783835002234 |
| 856 | 4 | 0 | |u https://doi.uam.elogim.com/10.1007/978-3-8350-9053-8 |z Texto Completo |
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| 950 | |a Business and Economics (SpringerNature-11643) | ||
| 950 | |a Economics and Finance (R0) (SpringerNature-43720) | ||