The economic analysis of random events: (Record no. 8455)

MARC details
000 -LEADER
fixed length control field 03043nam a22002057a 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250112185300.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9783031530777
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330.0151
Item number HAC
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Hacıoğlu, Volkan
245 ## - TITLE STATEMENT
Title The economic analysis of random events:
Remainder of title economic perspectives on probability theory, statistical inference and the nature of chance
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc. Palgrave Macmillan
Place of publication, distribution, etc. Cham
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent xvii, 182 p.
365 ## - TRADE PRICE
Price type code EUR
Price amount 109.99
500 ## - GENERAL NOTE
General note Table of content:<br/>General Overview and Structural Organization<br/>Volkan Hacıoğlu<br/>Pages 1-4<br/>The Nature of Randomness and the Element of Chance<br/>Volkan Hacıoğlu<br/>Pages 5-21<br/>Rethinking the Concept of (In)Opportunity Cost and Parable of Broken Window: A Reflection on the Ideas of Frédéric Bastiat<br/>Volkan Hacıoğlu<br/>Pages 23-40<br/>The Effect of Human Action on Random Economic Events: Praxeological Learning and Its Relation to Artificial Intelligence<br/>Volkan Hacıoğlu<br/>Pages 41-70<br/>The Question of Conjecture in Economics and Probability: On the Applicability of Probability Theory to the Randomness of Economic Events<br/>Volkan Hacıoğlu<br/>Pages 71-107<br/>The Anatomy of Accident as a Deviation from Random Walk<br/>Volkan Hacıoğlu<br/>Pages 109-142<br/>Observability and Learnability as Opposed to ‘Seen and Unseen’<br/>Volkan Hacıoğlu<br/>Pages 143-168<br/><br/>[https://link.springer.com/book/10.1007/978-3-031-53078-4]
520 ## - SUMMARY, ETC.
Summary, etc. This book investigates applications of probability theory to random events from an economic standpoint and considers how economics can deal with uncertainty in today’s world. As such the nature of chance and probability will be discussed with examples taken from the theoretical literature in probability and the history of economic thought, as well as real-life events.<br/><br/>Chapters cover the nature of randomness and the element of chance, the concepts of both hidden costs and opportunity costs, the economic effect of human action, the randomness of economic events, random walk hypotheses and observable and unobservable phenomena. It situates the discussion in John Maynard Keynes’ and Ronald Fisher’s seminal works on probability, as well as introducing key tenets of probability theory and how these can be applied to economic events. The book considers the relationship between artificial intelligence and economic events, the role of big data, and international examples fromdifferent economic systems and how these can be evaluated. It also introduces a multidisciplinary exploration of other social sciences and how they deal with uncertainty, to assess the extent to which it is possible to apply probability theory to economic events which are by nature erratic and uncertain.<br/>This book will be of interest to researchers and students in economics, statistics, and those in the social sciences interested in questions of randomness and chance.<br/><br/>(https://link.springer.com/book/10.1007/978-3-031-53078-4)
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Economics
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Probabilities
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Book
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Bill No Bill Date Home library Current library Shelving location Date acquired Source of acquisition Cost, normal purchase price Total Checkouts Full call number Accession Number Date last seen Copy number Cost, replacement price Price effective from Koha item type
    Dewey Decimal Classification     Public Policy & General Management IN31971 18-12-2024 Indian Institute of Management LRC Indian Institute of Management LRC General Stacks 01/14/2025 Overseas Press India Private 6799.03   330.0151 HAC 007216 01/14/2025 1 10460.05 01/14/2025 Book

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