The more precisely the position is determined, the less precisely the momentum is known in this instant, and vice versa. —Werner Heisenberg That God would choose to play dice with the world is something I cannot believe. —Albert Einstein Nothing exists until it is measured. —Neils Bohr The remarkable story of a startling scientific idea that ignited a battle among the ...(展开全部)

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a ...(展开全部)

How should judges, in America and elsewhere, interpret statutes and the Constitution? Previous work on these fundamental questions has typically started from abstract views about the nature of democracy or constitutionalism, or the nature of legal language, or the essence of the rule of law. From these conceptual premises, theorists typically deduce an ambitious role for judges...(展开全部)

In life, uncertainty surrounds us. Things that we thought were good for us turn out to be bad for us (and vice versa); people we thought we knew well behave in mysterious ways; the stock market takes a nosedive. Thanks to an inexplicable optimism, most of the time we are fairly cheerful about it all. But we do devote much effort to managing and ameliorating uncertainty. Is it a...(展开全部)

Written by Lars Peter Hansen (Nobel Laureate in Economics, 2013) and Thomas Sargent (Nobel Laureate in Economics, 2011), Uncertainty within Economic Models includes articles adapting and applying robust control theory to problems in economics and finance. This book extends rational expectations models by including agents who doubt their models and adopt precautionary decisions ...(展开全部)

在线阅读本书 Maira Kalman paints her highly personal worldview in an inimitable combination of image and text. The Principles of Uncertainty is an irresistible invitation to experience life through the psyche of Maira Kalman, one of this country's most beloved artists. The result is a book that is part personal narrative, part documentary, part travelogue, part chapbook, and ...(展开全部)

This revolutionary work taught the world how to systematically distinguish between risk -- randomness with knowable probabilities -- and uncertainty -- randomness with unknowable probabilities -- in order to accurately and properly ascertain a venture's potential profitability. Knight's methodology served as the foundation of the Chicago School of Economics.

Jonathan Culler’s Flaubert offers an introduction to the French novelist through perceptive and insightful readings of the entire body of his work. Rather than analyzing each of Flaubert’s novels as a unified artifact, the author has chosen to disperse and fragment them: to create from their fragments a context in which reading can take place. The first chapter, however, depart...(展开全部)

Jonathan Culler’s Flaubert offers an introduction to the French novelist through perceptive and insightful readings of the entire body of his work. Rather than analyzing each of Flaubert’s novels as a unified artifact, the author has chosen to disperse and fragment them: to create from their fragments a context in which reading can take place. The first chapter, however, depart...(展开全部)

The thirty five chapters in this book describe various judgmental heuristics and the biases they produce, not only in laboratory experiments but in important social, medical, and political situations as well. Individual chapters discuss the representativeness and availability heuristics, problems in judging covariation and control, overconfidence, multistage inference, social p...(展开全部)