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The SIPTA (Society for Imprecise Probability,Theory and Application) view of Keynes's contributions to imprecise … mathematical contributions made to the theory of imprecise probability by Keynes, such as upper and lower probabilities, non … additive probabilities,sub additive probabilities, interval valued estimates, decision weights, etc, in Parts II, III, IV and V …
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B. Hill’s work on the “Confidence approach “ to decision making under uncertainty is based on the use of interval … on Probability in chapter 26 to Keynes’s discussions of confidence in the General Theory.None of Keynes’s technical work … in Parts II -V of the A treatise on Probability or the General Theory is ever mentioned by Hill.Hill’s overlooking of …
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bounded rationality approach, economic theory, and the epistemology of complex systems. Notwithstanding the changes over time …
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classical-neoclassical theory of perfect competition is based: is it indeed true that the individual product demand of each … being led to noteworthy conclusions, considerably different from those of the classic theory. More specifically, the classic … theory of value and of perfect competition as well as other fundamental outcomes of Economics are totally negated since: the …
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gradually displaced by more modern trends such as game theory, decision theory, behavioral-empirical-experimental economics …During the second half of the twentieth century economic theory moved increasingly away from price theory, which was …, heterodox economics, etc. This was due to serious weaknesses and mistakes of the traditional theory of perfect competition and …
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