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The early enlightenment roots of Keynes' probability concept
Aristimuño, Francisco; Crespo, Ricardo F. - In: Cambridge journal of economics 45 (2021) 5, pp. 919-932
Persistent link: https://www.econbiz.de/10012618736
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Keynes's methodology and the analysis of economic agent behavior in a complex world
Arena, Richard; Nasica, Eric - In: Revue d'économie politique 131 (2021) 3, pp. 371-402
Persistent link: https://www.econbiz.de/10012886218
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Keynes's Treatise on Probability : the first century
O'Donnell, Rod - In: Review of political economy 33 (2021) 4, pp. 585-610
Persistent link: https://www.econbiz.de/10012626788
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The contemporary relevance of a Cambridge tradition : economics as political economy, political economy as social theory and ethical theory
Morgan, Jamie - In: Cambridge journal of economics 40 (2016) 2, pp. 663-700
Persistent link: https://www.econbiz.de/10011578793
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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 …, Keynes rejected additivity except as a special case. This is the major difference between Ramsey and Keynes. Keynes believed … immediately leads to uncertainty. Uncertainty requires the existence of non additivity. Keynes made it explicit in Part II of the …
Persistent link: https://www.econbiz.de/10014122608
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Indeterminate Probabilities and Smithian and Keynesian Uncertainty
Brady, Michael Emmett - 2014
Smith, Keynes, and Knight, in that order, made seminal contributions to decision making which emphasized uncertainty … opposed to those of Smith, Keynes, and Knight once the clear cut distinction is drawn between imprecise probabilities and …
Persistent link: https://www.econbiz.de/10014142839
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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 …'s definition of uncertainty, not only have nothing to do with the work of J M Keynes, but are directly in conflict with it. Neither …
Persistent link: https://www.econbiz.de/10012948978
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On Keynes's Realization That His Concept of Uncertainty in the General Theory, Defined as an Inverse Function of Weight from the 'A Treatise on Probability', Would Not Have Any Imp...
Brady, Michael Emmett - 2017
J M Keynes's General Theo ... …
Persistent link: https://www.econbiz.de/10012950510