{"product_id":"uncertainty-in-economics-a-new-approach-von-julia-kohn","title":"Uncertainty in Economics","description":"In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions’ attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness of modern economics to economic phenomena such as instability, slumps or excessive booms. Based on these findings the author develops a new approach that legitimizes a New Uncertainty Paradigm in economics.\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783319553504\"\u003e\u003ch3\u003eA New Approach\u003c\/h3\u003e\u003c\/div\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783319856353\"\u003e\u003ch3\u003eA New Approach\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Hardcover - 9783319553504","offer_id":40611063955549,"sku":"9783319553504","price":128.39,"currency_code":"EUR","in_stock":true},{"title":"Softcover - 9783319856353","offer_id":39421905928285,"sku":"9783319856353","price":128.39,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/db29f5d1-7fbc-4d92-9e0e-9c7ea0e1ee0d.jpg?v=1775882285","url":"https:\/\/shop.autorenwelt.de\/products\/uncertainty-in-economics-a-new-approach-von-julia-kohn","provider":"Autorenwelt Shop","version":"1.0","type":"link"}