Robustness
Auteur :
Hansen, Lars Peter / Sargent, Thomas J.
Éditeur :
Princeton University Press
ISBN :
9780691170978
Date de publication :
28 juin 2016
Dimensions :
25,4 x 17,8 cm
Poids :
780 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
USA
The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts the model completely. But what should a decision maker do if the model cannot be trusted? Lars Hansen and T