Skip to main content
SpringerLink
Log in

Uncertainty in Economics

A New Approach

  • Book
  • © 2017

Overview

Authors:
  1. Julia Köhn

    1. Berlin, Germany

    View author publications

    You can also search for this author in PubMed   Google Scholar

  • Develops a completely new approach to uncertainty in economics
  • Discusses comprehensively the problem of uncertainty in economics
  • Analyses the philosophical fundamentals of uncertainty theories
  • Includes supplementary material: sn.pub/extras

Part of the book series: Contributions to Economics (CE)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (12 chapters)

  1. Front Matter

    Pages i-ix
    Download chapter PDF

  2. Introduction

    • Julia Köhn
    Pages 1-13

  3. Uncertainty in Economic Thought

    1. Front Matter

      Pages 15-16
      Download chapter PDF

    2. Uncertainty in the History of Economic Thought

      • Julia Köhn
      Pages 17-37

    3. Truth, Probability and Uncertainty

      • Julia Köhn
      Pages 39-47

    4. The Principles of Economics

      • Julia Köhn
      Pages 49-62

    5. Probability and Neoclassical Uncertainty

      • Julia Köhn
      Pages 63-94

  4. Philosophies of Uncertainty

    1. Front Matter

      Pages 95-96
      Download chapter PDF

    2. The Origin of Profit

      • Julia Köhn
      Pages 97-107

    3. Uncertainty and Economic Instability

      • Julia Köhn
      Pages 109-123

    4. The Division of Knowledge and Unknowledge

      • Julia Köhn
      Pages 125-137

    5. The Nature of Economics

      • Julia Köhn
      Pages 139-154

  5. Methodology of Uncertainty

    1. Front Matter

      Pages 155-156
      Download chapter PDF

    2. Extending the Boundaries of Economics

      • Julia Köhn
      Pages 157-176

    3. Uncertainty and Fiction

      • Julia Köhn
      Pages 177-192

    4. Human After All

      • Julia Köhn
      Pages 193-199
Back to top

Keywords

About this book

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.

Authors and Affiliations

  • Berlin, Germany

    Julia Köhn

About the author

Julia Köhn studied Business, Economics & Philosophy at Witten/Herdecke University and at the Erasmus Institute for Economics and Philosophy at the Erasmus University Rotterdam. She is scholar of the Konrad-Adenauer Foundation and member of the Think Thank “New Social Market Economy” as well as the Young Scholars Initiative of the Institute for New Economic Thinking in New York.

Bibliographic Information

Publish with us

Policies and ethics

Back to top

Search

Navigation