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non-justificationist. We draw on Keynes's "A Treatise on Probability," Hayek's "The Sensory Order," and other works to …
Persistent link: https://www.econbiz.de/10005076652
This paper constructs the probability space underlying the random variable of any time dependent econometric …. Furthermore, it is argued that the probability events belonging to this space are forms of understanding economic activity held by …’s probability space. Finally, a model of the dependencies based on agent-based understandings, and evolution thereof, is presented …
Persistent link: https://www.econbiz.de/10005407919
This paper constructs the probability space underlying the random variable of any time dependent econometric …. Furthermore, it is argued that the probability events belonging to this space are forms of understanding economic activity held by …’s probability space. Finally, a model of the dependencies based on agent-based understandings, and evolution thereof, is presented …
Persistent link: https://www.econbiz.de/10005561047
Golden-Ten is an observation game in which players try to predict the outcome of the motion of a ball rolling down the surface of a drum.This paper describes the motion of the ball as a stochastic model, based on a deterministic, mechanical model.To this end, the motion is split into several...
Persistent link: https://www.econbiz.de/10011086710
Persistent link: https://www.econbiz.de/10011086950
Persistent link: https://www.econbiz.de/10011087026