Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:Econometrics Of Information And EfficiencyISBN13:9780792323532ISBN10:079232353XAuthor:SenGupta, Jati (Author)Description:Econometrics As An Applied Discipline Attempts To Use Information In A Most Efficient Manner, Yet The Information Theory And Entropy Approach Developed By Shannon And Others Has Not Played Much Of A Role In Applied Econometrics Econometrics Of Information And Efficiency Bridges The Gap Broadly Viewed, Information Theory Analyzes The Uncertainty Of A Given Set Of Data And Its Probabilistic Characteristics Whereas The Economic Theory Of Information Emphasizes The Value Of Information To Agents In A Market, The Entropy Theory Stresses The Various Aspects Of Imprecision Of Data And Their Interactions With The Subjective Decision Processes The Tools Of Information Theory, Such As The Maximum Entropy Principle, Mutual Information And The Minimum Discrepancy Are Useful In Several Areas Of Statistical Inference, E G , Bayesian Estimation, Expected Maximum Likelihood Principle, The Fuzzy Statistical Regression This Volume Analyzes The Applications Of These Tools Of Information Theory To The Most Commonly Used Models In Econometrics The Outstanding Features Of Econometrics Of Information And Efficiency Are: A Critical Survey Of The Uses Of Information Theory In Economics And Econometrics; An Integration Of Applied Information Theory And Economic Efficiency Analysis; The Development Of A New Economic Hypothesis Relating Information Theory To Economic Growth Models; New Lines Of Research Are Emphasized Binding:Hardcover, HardcoverPublisher:SPRINGER NATUREPublication Date:1993-07-31Weight:1.23 lbsDimensions:0.63'' H x 9.21'' L x 6.14'' WNumber of Pages:258Language:English
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Book Title: Econometrics Of Information And Efficiency
Item Length: 9.3in
Item Width: 6.1in
Author: Jati K. Sengupta
Publication Name: Econometrics of Information and Efficiency
Format: Hardcover
Language: English
Publisher: Springer Netherlands
Publication Year: 1993
Series: Theory and Decision Library B Ser.
Type: Textbook
Item Weight: 43.7 Oz
Number of Pages: X, 258 Pages
