Rescuing Econometrics
From the Probability Approach to Probably Approximately Correct Learning
Von:
Qin DuoHaavelmo's The Probability Approach in Econometrics is acclaimed as the manifesto of econometrics. This book challenges Haavelmo's probability approach, shows how its use is delivering defective and inefficient results, and argues for a paradigm shift in econometrics towards a full embrace of machine learning.
Mai 2025, ca. 100 Seiten, Routledge INEM Advances in Economic Methodology, Englisch
Taylor and Francis
978-1-032-58607-6
Taylor and Francis
978-1-032-58607-6
Haavelmo's The Probability Approach in Econometrics is acclaimed as the manifesto of econometrics. This book challenges Haavelmo's probability approach, shows how its use is delivering defective and inefficient results, and argues for a paradigm shift in econometrics towards a full embrace of machine learning.
Mai 2025, ca. 100 Seiten, Routledge INEM Advances in Economic Methodology, Englisch
Taylor and Francis
978-1-032-58607-6
Taylor and Francis
978-1-032-58607-6
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The Philosophy of Causality in Economics
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