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Uncertainty in 'A Treatise on Probability' and the 'General Theory'
O'Connell, Joan
This paper is concerned with the relationship between Keynes's theory of probability and his later work on macroeconomics. It suggests that while the General Theory deals again with the subject of the Treatise on Probability, information and uncertainty, Keyenes's treatment of this matter in the later work was influenced by Knight, rather than his own earlier views.
Keyword(s): Economics; Uncertainty; Risk; Probability; Information
Publication Date:
2010
Type: Working paper
Peer-Reviewed: Yes
Language(s): English
Institution: NUI Galway
Publisher(s): National University of Ireland, Galway
File Format(s): application/pdf
First Indexed: 2015-11-10 09:20:29 Last Updated: 2015-11-10 09:20:29