The authors adapt modern control theoretic techniques based on robust control theory to economic modelling and decision … entropy and in this sense the robust control theory is not only adapted but also extended in the book. The main issues … common approximating model is created the agents have different interests and different concerns about robustness. 4 …

neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes …