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An Examination of the Fundamental Reasons Why Frank Ramsey Failed in His Reviews of J M Keynes's a Treatise on Probability
Brady, Michael Emmett - 2017
only in the standard mathematical theory of probability. The crucial assumption for Ramsey was additivity. Of course …
Persistent link: https://www.econbiz.de/10014122608
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J M Keynes's Non (Sub) Additive, Interval Valued Approach to Probability is the Foundation for Both Keynes's Weight of the Evidence Analysis in the A Treatise on Probability and Hi...
Brady, Michael Emmett - 2017
Probability and the concept of uncertainty in the General Theory both follow directly from Keynes's analysis and application of …
Persistent link: https://www.econbiz.de/10012948978
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Kahn’s Mathematical Style, in His June, 1931 Multiplier Article in the Economic Journal, Is Identical to Keynes’ Style of Presenting Mathematical Results Starting in 1921 in the A Treatise on Probability
Brady, Michael Emmett - 2018
The manner in which R. Kahn presented his mathematical results on the multiplier in the Economic Journal of June, 1931, is identical to the style of presenting mathematical results used by Keynes to present his mathematical analysis starting with the A Treatise on Probability in 1921. Keynes's...
Persistent link: https://www.econbiz.de/10012907803
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An Assessment of Nobel Laureate Robert Shiller’s Assessment of J M Keynes’s a Treatise on Probability and Its Connection to the General Theory : Correct in General, but Incorrect o...
Brady, Michael Emmett - 2019
Probability (1921), as well as its connections to the later General Theory (1936), that is correct. However … Theory, as well as the importance of Keynes's “non-numerical” (interval valued) probabilities and Keynes's concept of the … weight of the evidence as being the main foundation upon which Keynes had erected his Liquidity Preference Theory of the rate …
Persistent link: https://www.econbiz.de/10012893312