Introduction: inference and decision mak
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John Geweke; John Rust; Herman K. Van Dijk
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Article
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2000
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John Wiley and Sons
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English
β 51 KB
A major focus of applied econometric work is decision making in the context of uncertainty. Sometimes this work is several steps removed from the actual decision. For example, it may entail providing information in a form more suited to decision making, or reducing the uncertainty in the decision-ma