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Information and Efficiency in Economic Decision - Advanced Studies in Theoretical and Applied Econometrics Jati Sengupta Softcover reprint of the original 1st ed. 1985 edition
Information and Efficiency in Economic Decision - Advanced Studies in Theoretical and Applied Econometrics
Jati Sengupta
As a basis for optimization, it is central to all normative hypotheses used in eco nomics, but in decision-making situations it has stochastic and evolution ary aspects that are more dynamic and hence more fundamental.
482 pages, biography