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  • 454 stránek
  • 16 hodin čtení

Více o knize

The book explores the challenges faced by decision makers when they cannot fully trust their statistical models in uncertain situations. It questions the conventional approach of relying solely on these models and examines alternative strategies for making decisions. By addressing the limitations of standard decision-making theories, the author provides insights into navigating uncertainty, emphasizing the importance of critical thinking and adaptability in the face of unreliable data.

Nákup knihy

Robustness, Lars Peter Hansen, Thomas J. Sargent

Jazyk
Rok vydání
2016
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Titul
Robustness
Jazyk
anglicky
Rok vydání
2016
Vazba
měkká
Počet stran
454
ISBN13
9780691170978
Série
Anotace
The book explores the challenges faced by decision makers when they cannot fully trust their statistical models in uncertain situations. It questions the conventional approach of relying solely on these models and examines alternative strategies for making decisions. By addressing the limitations of standard decision-making theories, the author provides insights into navigating uncertainty, emphasizing the importance of critical thinking and adaptability in the face of unreliable data.