Econometrics of Information and Efficiency: Theory and Decision Library B, cartea 25
Autor Jati Senguptaen Limba Engleză Hardback – 31 iul 1993
Broadly viewed, information theory analyzes the uncertainty of a given set of data and its probabilistic characteristics. Whereas the economic theory of information emphasizes the value of information to agents in a market, the entropy theory stresses the various aspects of imprecision of data and their interactions with the subjective decision processes. The tools of information theory, such as the maximum entropy principle, mutual information and the minimum discrepancy are useful in several areas of statistical inference, e.g., Bayesian estimation, expected maximum likelihood principle, the fuzzy statistical regression. This volume analyzes the applications of these tools of information theory to the most commonly used models in econometrics.
The outstanding features of Econometrics of Information and Efficiency are:
- A critical survey of the uses of information theory in economics and econometrics;
- An integration of applied information theory and economic efficiency analysis;
- The development of a new economic hypothesis relating information theory to economic growth models;
- New lines of research are emphasized.
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Paperback (1) | 893.54 lei 6-8 săpt. | |
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SPRINGER NETHERLANDS – 31 iul 1993 | 899.20 lei 6-8 săpt. |
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Specificații
ISBN-13: 9780792323532
ISBN-10: 079232353X
Pagini: 272
Ilustrații: X, 258 p.
Dimensiuni: 155 x 235 x 20 mm
Greutate: 0.56 kg
Ediția:1993
Editura: SPRINGER NETHERLANDS
Colecția Springer
Seria Theory and Decision Library B
Locul publicării:Dordrecht, Netherlands
ISBN-10: 079232353X
Pagini: 272
Ilustrații: X, 258 p.
Dimensiuni: 155 x 235 x 20 mm
Greutate: 0.56 kg
Ediția:1993
Editura: SPRINGER NETHERLANDS
Colecția Springer
Seria Theory and Decision Library B
Locul publicării:Dordrecht, Netherlands
Public țintă
ResearchCuprins
1 Introduction to Information.- 2 Applied Information Theory.- 3 Information Theory in Econometrics.- 4 Applications in Control Theory and Operations Research.- 5 Economic Theories of Information.- 6 Econometrics and Entropy Theory.- References.
Recenzii
`I would recommend it highly to graduate students and researchers who are engaged in information-based economics.'
The Statistician, 44:2, 1995
The Statistician, 44:2, 1995