TY  - BOOK
AU  - Kohn,Julia
TI  - Uncertainty in economics: a new approach 
T2  - Contributions to economics
SN  - 9783319553504 
U1  - 338.064 23
PY  - 2017///
CY  - Cham
PB  - Springer
KW  - Technological innovations
KW  - Economic aspects.
KW  - Industrial research
N1  - Includes bibliographical references; 1. Introduction --
2. Uncertainty in the history of economic thought --
3. Truth, probability and uncertainty --
4. The principles of economics --
5. Probability and neoclassical uncertainty --
6. The origin of profit --
7. Uncertainty and economic instability --
8. The division of knowledge and unknowledge --
9. The nature of economics --
10. Extending the boundaries of economics --
11. Uncertainty and fiction --
12. Human after all
N2  - In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions' attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness of modern economics to economic phenomena such as instability, slumps or excessive booms. Based on these findings the author develops a new approach that legitimizes a New Uncertainty Paradigm in economics
ER  -