individuals is the most relevant message conveyed by the General Theory. This paper starts off from a brief summary of Akerlof and … concentrates on Keynes’s Treatise on Probability and discusses how Keynes applied his philosophy of probability to decision … agents behave under uncertainty, and that the violations of the Bayesian creed scrutinized in behavioural finance, and in …

criticism of contemporary probability theory. Through an assessment of Keynes's examination of “the application of probability … scientific journals, a crowd of commentators has emphasised the need to scrutinise the General Theory in order to gain a better … Keynesian explanation of the actual behaviour of individual agents is to be based more on the Treatise on Probability than on …

"classical" view of uncertainty (Knight, Keynes, Shackle and Davidson) that a "modern" approach to uncertainty could originally …The purpose of this paper is to discuss the uncertainty concept through a reconstitution of the ways in which this … notion emerges in the works by Knight, Keynes, Shackle and Davidson. It focuses on the uniqueness of each approach. It is …

The aim of this piece is to discuss in what extent one can find - in the works of Shackle and Davidson - an … understanding of uncertainty capable of both comprehend the concept of probable knowledge and admit the existence of degrees of … 'true uncertainty'. Sharing the opinion of other scholars (Runde, 1990; Dow, 1995, and Dequech, 1997), we think that it is …

trade theory. Analyzing arguments made by international economists from the perspective of political philosophy, I show how …

contributions for heterodox production theory. Furthermore, it will be argued that models which consist of elements of hierarchial …

Keynes and Simon traverse all two, fifty year from distance, an epistemologically similar way. Both work out a theory … theory leads them to become aware of the role of the institutions on the cognitive and coordinating level. Finally their two …