Probability, Econometrics and Truth

A critique of the philsophical and methodological bases of much of modern econometrics.

Klappentext
A critique of the philosophical and methodological bases of much of modern econometrics.

Zusammenfassung
This book assesses the foundations and development of econometrics and sets out a basis for the reconstruction of the foundations of econometric inference by examining the various interpretations of probability theory which underlie econometrics.

Inhalt
Introduction; 1. The philosophy of induction; 2. Probability and indifference: Intermezzo: a formal scheme of reference; 3. Reactive frequency and induction; 4. Probability and belief; 5. The theory of simplicity; 6. From probability to econometrics; 7. Econometric modelling; 8. In search of homogeneity; 9. Positivism and the aims of econometrics; 10. Probability, econometrics and truth; Personalia; References; Indexes.

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