عنوان

Beyond traditional probabilistic methods in economics /

(Number (ISBN

3030042006

(Number (ISBN

3030042014

(Number (ISBN

9783030042004

(Number (ISBN

9783030042011

Erroneous ISBN

3030041999

Erroneous ISBN

9783030041991

Title Proper

Beyond traditional probabilistic methods in economics /

General Material Designation

[Book]

First Statement of Responsibility

Vladik Kreinovich, [and 3 others], editors.

Place of Publication, Distribution, etc.

Cham, Switzerland :

Name of Publisher, Distributor, etc.

Springer,

Date of Publication, Distribution, etc.

[2019]

Specific Material Designation and Extent of Item

1 online resource

Series Title

Studies in computational intelligence ;

Volume Designation

volume 809

Text of Note

This book presents recent research on probabilistic methods in economics, from machine learning to statistical analysis. Economics is a very important - and at the same a very difficult discipline. It is not easy to predict how an economy will evolve or to identify the measures needed to make an economy prosper. One of the main reasons for this is the high level of uncertainty: different difficult-to-predict events can influence the future economic behavior. To make good predictions and reasonable recommendations, this uncertainty has to be taken into account. In the past, most related research results were based on using traditional techniques from probability and statistics, such as p-value-based hypothesis testing. These techniques led to numerous successful applications, but in the last decades, several examples have emerged showing that these techniques often lead to unreliable and inaccurate predictions. It is therefore necessary to come up with new techniques for processing the corresponding uncertainty that go beyond the traditional probabilistic techniques. This book focuses on such techniques, their economic applications and the remaining challenges, presenting both related theoretical developments and their practical applications.

Source for Acquisition/Subscription Address

Springer Nature

Stock Number

com.springer.onix.9783030042004

International Standard Book Number

9783030041991

Economics, Mathematical.

Economics, Mathematical.

COM004000

UYQ

UYQ

Number

Edition

Class number

Book number

Kreinovich, Vladik

Date of Transaction

20200823080307.0

Cataloguing Rules (Descriptive Conventions))

rda

Electronic name

[Book]

Y