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Info-gap economics = an operational introduction /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Info-gap economics/ Yakov Ben-Haim.
Reminder of title:	an operational introduction /
Author:	Ben-Haim, Yakov,
Published:	Basingstoke [England] ;Palgrave Macmillan, : 2010.,
Description:	xiv, 245 p. :ill. :
Subject:	Decision making. -
Online resource:	access to fulltext (Palgrave)
ISBN:	9780230277328

Info-gap economics = an operational introduction /
Ben-Haim, Yakov,1952-

Info-gap economicsan operational introduction /[electronic resource] :Yakov Ben-Haim. - Basingstoke [England] ;Palgrave Macmillan,2010. - xiv, 245 p. :ill.

Includes bibliographical references and indexes.

PART I: GETTING STARTED -- Info-Gap Theory in Plain English -- A First Look: Stylized Example-- PART II: ECONOMIC DECISIONS -- Monetary Policy -- Financial Stability -- Topics in Public Policy-- Estimation and Forecasting -- PART III: WRAPPING UP -- The Art of Uncertainty Modelling -- Positivism, F-twist, and Robust-Satisficing -- References -- Author Index -- Subject Index.

After every crisis economists and policy analysts ask: can better models help prevent or ameliorate such situations? This book provides an answer. Yes, quantitative models can help if we remember that they are rough approximations to a vastly more complex reality. Models can help if we include realistic but simple representations of uncertainty amongour models, and if we retain the pre-eminence of human judgment over the churning of our computers. Info-gap theory is a new method for modeling and managing severe uncertainty. The core of the book presents detailed examples of info-gap analysis of decisions in monetary policy, financial economics, environmental economics for pollution control and climate change, estimation and forecasting. This book is essential readingfor economic policy analysts and researchers.

Electronic reproduction.
Basingstoke, England :
Palgrave Macmillan,
2010.

Mode of access:World Wide Web.

ISBN: 9780230277328Subjects--Topical Terms:

72964
Decision making.
Index Terms--Genre/Form:

96803
Electronic books.

LC Class. No.: QA279.4 / .B4527 2010

Dewey Class. No.: 330.01/1

National Agricultural Library Call No.: QA279.4 / .B4527 2010

Info-gap economics = an operational introduction /
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245 1 0 $a Info-gap economics $h [electronic resource] : $b an operational introduction / $c Yakov Ben-Haim.
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300 $a xiv, 245 p. : $b ill.
504 $a Includes bibliographical references and indexes.
505 0 $a PART I: GETTING STARTED -- Info-Gap Theory in Plain English -- A First Look: Stylized Example-- PART II: ECONOMIC DECISIONS -- Monetary Policy -- Financial Stability -- Topics in Public Policy-- Estimation and Forecasting -- PART III: WRAPPING UP -- The Art of Uncertainty Modelling -- Positivism, F-twist, and Robust-Satisficing -- References -- Author Index -- Subject Index.
520 $a After every crisis economists and policy analysts ask: can better models help prevent or ameliorate such situations? This book provides an answer. Yes, quantitative models can help if we remember that they are rough approximations to a vastly more complex reality. Models can help if we include realistic but simple representations of uncertainty amongour models, and if we retain the pre-eminence of human judgment over the churning of our computers. Info-gap theory is a new method for modeling and managing severe uncertainty. The core of the book presents detailed examples of info-gap analysis of decisions in monetary policy, financial economics, environmental economics for pollution control and climate change, estimation and forecasting. This book is essential readingfor economic policy analysts and researchers.
533 $a Electronic reproduction. $b Basingstoke, England : $c Palgrave Macmillan, $d 2010. $n Mode of access:World Wide Web. $n System requirements: Web browser. $n Title from title screen (viewed on Sep. 27, 2010). $n Access may be restricted to users at subscribing institutions.
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650 0 $a Economic forecasting. $3 73060
650 0 $a Economics. $3 131178
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