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Books > Business & Economics > Economics > Econometrics
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Analogies and Theories - Formal Models of Reasoning (Hardcover)
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Analogies and Theories - Formal Models of Reasoning (Hardcover)
Series: Lipsey Lectures
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The book describes formal models of reasoning that are aimed at
capturing the way that economic agents, and decision makers in
general think about their environment and make predictions based on
their past experience. The focus is on analogies (case-based
reasoning) and general theories (rule-based reasoning), and on the
interaction between them, as well as between them and Bayesian
reasoning. A unified approach allows one to study the dynamics of
inductive reasoning in terms of the mode of reasoning that is used
to generate predictions.
General
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