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Probabilidad e incertidumbre en Keynes. Una revisión de tipo bayesiano.

Authors :
Esteban Jacobo, Juan
Source :
Revista de Economía Institucional. jul-dic2021, Vol. 23 Issue 45, p137-162. 26p.
Publication Year :
2021

Abstract

This paper analyzes the concept of probability in Keynes' work and proposes a method for formalizing the notion of uncertainty in the General Theory using Bayes' theorem and the principle of maximum entropy. One of the main conclusions is that, despite sharing his rejection of the frequentist approach to statistics, it is unreasonable to think that numerical probabilities cannot be determined, even if some criterion of objectivity is met. [ABSTRACT FROM AUTHOR]

Details

Language :
Spanish
ISSN :
01245996
Volume :
23
Issue :
45
Database :
Academic Search Index
Journal :
Revista de Economía Institucional
Publication Type :
Academic Journal
Accession number :
151345477
Full Text :
https://doi.org/10.18601/01245996.v23n45.07