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Microeconomic Theory

Language EnglishEnglish
Book Hardback
Book Microeconomic Theory Larry Samuelson
Libristo code: 01401023
Publishers Kluwer Academic Publishers
It is often said that everyone understands precisely what is meant by the notion of probability-exce... Full description
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It is often said that everyone understands precisely what is meant by the notion of probability-except those who have spent their lives studying the matter. Upon close scrutiny, the intuitively obvious idea of probability becomes quite elusive. Is it a subjective or objective concept? Are random variables simply improperly measured deterministic variables, or inherently random? What is meant by the phrase "other things held constant" that often appears in descriptions of probability? These questions involve fundamental philosophical and scientific issues, and promise to elude definitive answers for some time. The same type of difficulty arises when attempting to produce a volume on microeconomic theory. The obvious first question-what is microeconomic theory?--

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About the book

Full name Microeconomic Theory
Author Larry Samuelson
Language English
Binding Book - Hardback
Number of pages 278
EAN 9780898381702
ISBN 0898381703
Libristo code 01401023
Publishers Kluwer Academic Publishers
Weight 1320
Dimensions 155 x 235 x 19

Categories

Economics, Finance, Business & Management > Economics > Economic theory & philosophy
Economics, Finance, Business & Management > Economics > Microeconomics
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