As I wrote three weeks ago and two week ago, by reading Ghislaine Idabouk's briliant dissertation on the mathematics of options pricing (Black, Scholes, Merton, etc) I have been inspired to do a weekly blog on philosophy of economics. Th...
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Search Results: “uncertainty”
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Comment by Dan Kervick on “Weekly Philo of Economics: the equation of randomness with uncertainty”
Eric, I'm not sure I understand what claims are at stake in this line of inquiry. Do you think t...
Comment by Eric Schliesser on “Weekly Philo economics: on Savage, Rawls, and Uncertainty [or more anti-Bayes], ”
You haven't been reading my weekly updates?:)
1. I prefer to speak of "limitations" of the model....
Comment by Kevin V on “Weekly Philo economics (with more on modal economics): "Assume that we can make an exhaustive list of all the uncertain events that might take place in the future."”
Eric, I wonder if Frank Knight's discussion of uncertainty isn't relevant here. The issue is not ...
Comment by Eric Schliesser on “Philo eco blog: Keynes and Uncertainty (or a walk down memory lane to recover wisdom)”
Dan, thank you for your (elaborate) comments.
First, I am familiar with Brian's article. I have c...
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