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An overview of probability, expectations, uncertainty and rationality in Keynes's conceptual framework
O'Donnell, Rod M. - In: Review of political economy 2 (1990) 3, pp. 253-266
Persistent link: https://www.econbiz.de/10001127707
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Adaptive learning with nonlinear dynamics driven by dependent processes
Kuan, Chung-ming - In: Econometrica : journal of the Econometric Society, an … 62 (1994) 5, pp. 1087-1114
Persistent link: https://www.econbiz.de/10001169159
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Feasible joint posterior beliefs with binary signals
Lang, Xu; Li, Jiahui - In: Economics letters 227 (2023), pp. 1-4
Persistent link: https://www.econbiz.de/10014336108
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Understanding probabilistic expectations : a behavioral approach
Xiao, Wei - In: Journal of economic dynamics & control 139 (2022), pp. 1-22
Persistent link: https://www.econbiz.de/10013464834
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Feasible Joint Posterior Beliefs with Many States
Lang, Xu - 2022
We investigate a quantitative Aumann's Agreement Theorem and provide a generalization of the characterization in Arieli et al. (2021) from binary state spaces to arbitrary finite state spaces. Using a network flow approach, we show that the cut condition for a feasible multiflow problem gives...
Persistent link: https://www.econbiz.de/10013292098
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On J M Keynes's Rejection, in General, of Ramsey's Subjective Theory of Probability : The Keynes–Townshend Exchanges of 1937 and 1938
Brady, Michael Emmett - 2017
J M Keynes rejected Ramsey's subjective theory of probability in general. He did accept Ramsey's betting quotient … Keynes never accepted Ramsey's subjective approach to probability because there was no place in that theory for interval … evidence that allows a reader to conclude that Keynes remained an adherent practitioner of his theory of logical probability …
Persistent link: https://www.econbiz.de/10012965581
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J M Keynes’s Method in the A Treatise on Probability, Inexact Measurement and Approximation Using Non Additive Upper and Lower Probabilities, Is a Formal, Inductive Logic Built on...
Brady, Michael Emmett - 2020
J.M. Keynes's method in the A Treatise on Probability, inexact measurement and approximation using non additive upper and lower probabilities, is a formal, inductive logic built on G. Boole's original Boolean Algebra and Logic. It has nothing to do with "…a given list of possible behaviors....
Persistent link: https://www.econbiz.de/10012845424
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An Examination of the Many Severe Errors Made by Richard Braithwaite in His Editorial Foreword to Volume 8 of the a Treatise on Probability in the Collected Writings of John Maynar...
Brady, Michael Emmett - 2017
, demonstrating that Keynes's theory was interval valued and specifically designed to deal with uncertainty, brought on by missing …
Persistent link: https://www.econbiz.de/10012968302
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A Comparison – Contrast of the Technical Understanding Exhibited by F.Y. Edgeworth in His Two 1922 Book Reviews of J. M. Keynes's a Treatise on Probability with that of the Keynesi...
Brady, Michael Emmett - 2017
what the limitations of Keynes's theory were.The Keynesian Fundamentalists lacked the technical training in mathematics …
Persistent link: https://www.econbiz.de/10012960592