书目名称 | Econometrics of Information and Efficiency | 编辑 | Jati K. Sengupta | 视频video | | 丛书名称 | Theory and Decision Library B | 图书封面 |  | 描述 | Econometrics as an applied discipline attempts to useinformation in a most efficient manner, yet the information theory andentropy approach developed by Shannon and others has not played muchof a role in applied econometrics. .Econometrics of Information andEfficiency. bridges the gap..Broadly viewed, information theory analyzes the uncertainty of a givenset of data and its probabilistic characteristics. Whereas theeconomic theory of information emphasizes the value of information toagents in a market, the entropy theory stresses the various aspects ofimprecision of data and their interactions with the subjectivedecision processes. The tools of information theory, such as themaximum entropy principle, mutual information and the minimumdiscrepancy are useful in several areas of statistical inference,e.g., Bayesian estimation, expected maximum likelihood principle, thefuzzy statistical regression. This volume analyzes the applications ofthese tools of information theory to the most commonly used models ineconometrics..The outstanding features of .Econometrics of Information andEfficiency. are:. .A critical survey of the usesof information theory in economics and econometrics; ..Anint | 出版日期 | Book 1993 | 关键词 | agents; control theory; econometrics; economics; efficiency; entropy; information theory; integration; regre | 版次 | 1 | doi | https://doi.org/10.1007/978-94-015-8202-5 | isbn_softcover | 978-90-481-4288-0 | isbn_ebook | 978-94-015-8202-5 | copyright | Springer Science+Business Media B.V. 1993 |
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