{"product_id":"contributions-to-economics-9783319553511","title":"Contributions to Economics","description":"\u003cp\u003eIn this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions' attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness of modern economics to economic phenomena such as instability, slumps or excessive booms. Based on these findings the author develops a new approach that legitimizes a New Uncertainty Paradigm in economics.\u003c\/p\u003e","brand":"Gardners","offers":[{"title":"Default Title","offer_id":52915983057175,"sku":null,"price":14780.04,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0679\/6918\/8119\/files\/9783319553511.jpg?v=1781587163","url":"https:\/\/payment.letskitaboo.com\/te\/products\/contributions-to-economics-9783319553511","provider":"Kitaboo One eStore","version":"1.0","type":"link"}