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Item Details
Title: SIMPLICITY, INFERENCE AND MODELLING
KEEPING IT SOPHISTICATEDLY SIMPLE
By: Arnold Zellner (Editor), Hugo A. Keuzenkamp (Editor), Michael McAleer (Editor)
Format: Hardback

List price: £100.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0521803616
ISBN 13: 9780521803618
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 7 February, 2002
Pages: 314
Description: An inter-disciplinary perspective on the role of simplicity in modelling and inference, first published in 2002.
Synopsis: The idea that simplicity matters in science is as old as science itself, with the much cited example of Ockham's Razor, 'entia non sunt multiplicanda praeter necessitatem': entities are not to be multiplied beyond necessity. A problem with Ockham's razor is that nearly everybody seems to accept it, but few are able to define its exact meaning and to make it operational in a non-arbitrary way. Using a multidisciplinary perspective including philosophers, mathematicians, econometricians and economists, this 2002 monograph examines simplicity by asking six questions: what is meant by simplicity? How is simplicity measured? Is there an optimum trade-off between simplicity and goodness-of-fit? What is the relation between simplicity and empirical modelling? What is the relation between simplicity and prediction? What is the connection between simplicity and convenience? The book concludes with reflections on simplicity by Nobel Laureates in Economics.
Illustrations: 11 tables 16 figures
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
Some other items by this author:
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ECONOMIC AND LEGAL ISSUES IN INTELLECTUAL PROPERTY (PB)
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INFORMATION PROCESSING AND BAYESIAN ANALYSIS (HB)
MODELLING AND PREDICTION HONORING SEYMOUR GEISSER (HB)
MODELLING AND PREDICTION HONORING SEYMOUR GEISSER (PB)
MODELLING CHANGE IN INTEGRATED ECONOMIC AND ENVIRONMENTAL SYSTEMS (HB)
MODELLING THE RISKINESS IN COUNTRY RISK RATINGS
MODELLING THE RISKINESS IN COUNTRY RISK RATINGS (HB)
PRACTICAL ISSUES IN COINTEGRATION ANALYSIS (PB)
PROBABILITY, ECONOMETRICS AND TRUTH
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THE ECONOMICS OF MARINE RESOURCES AND CONSERVATION POLICY (HB)
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