Robustness
Lars Peter Hansen
Reading Time
at 250 WPM7h 44m
The average reader, reading at a speed of 250 WPM, would take 7h 44m to read Robustness.
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16
days at 30 min/day
464
total minutes
Robustness
by Lars Peter Hansen, Thomas J. Sargent
Published
2016
Publisher
Princeton University Press
Pages
464
ISBN-13
9780691170978
Description
The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts the model completely. But what should a decision maker do if the model cannot be trusted? Lars Hansen and Thomas Sargent, two leading macroeconomists, push the field forward as they set about answering this question. They adapt robust control techniques and apply them to economics. By using this theory to let decision makers acknowledge misspecification in economic modeling, the authors develop applications to a variety of problems in dynamic macroeconomics. Technical, rigorous, and self-contained, this book will be useful for macroeconomists who seek to improve the robustness of decision-making processes. --front flap
Subjects
A Wrinkle in Time
Through the Looking-Glass
Alice's Adventures in Wonderland
Alice's Adventures in Wonderland / Through the Looking Glass
Effective Executive
The Practice of Management
Frequently Asked Questions
How many pages are in Robustness?
This edition of Robustness has approximately 464 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.
How long does it take to read Robustness?
For most readers, Robustness typically takes between 9h 40m and 6h 27m to complete. This is based on the book's length of approximately 116,000 words and common reading speeds.
Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 7h 44m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 16 days • Estimated word count: 116,000 words
Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.
What is the word count of Robustness?
The estimated word count for Robustness is approximately 116,000 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.
This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.
Who is the author of Robustness?
Robustness was written by Lars Peter Hansen, Thomas J. Sargent.
When was Robustness published?
The publication date for this specific edition is 2016. The original work may have been published on a different date.