Schinckus, Christophe - In: Physica A: Statistical Mechanics and its Applications 388 (2009) 20, pp. 4415-4423
The objective of this paper is to provide a methodological link between econophysics and economics. I will study a key … the main economic theories of uncertainty (provided by Knight, Keynes and Hayek), I show how this notion is paradoxically … excluded from the economic field. In economics, uncertainty is totally reduced by an a priori Gaussian framework—in contrast to …