issues of time and uncertainty in economics. The source of the difference between their economic ideas was the difference … non-justificationist. We draw on Keynes's "A Treatise on Probability," Hayek's "The Sensory Order," and other works to …

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 …

-Parametric Statistics, Design of Experiments, Probability, Operations Research, and Stochastic Models. The topics covered include … probability, probability, ANOVA, goodness of fit, density functions, cdf, pdf, Baye's formula, Markov chains, expectation …

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 …

We propose a model of portfolio selection under ambiguity, based on a two-stage valuation procedure which disentangles … ambiguity and ambiguity aversion. The model does not imply 'extreme pessimism' from the part of the investor, as multiple priors … uncertainty about means and variances of returns. …