The Knightian Uncertainty Hypothesis: Unforeseeable Change and Muth’s Consistency Constraint in Modeling Aggregate Outcomes
Author(s) -
Roman Frydman,
Søren Johansen,
Anders Rahbek,
Morten Nyboe Tabor
Publication year - 2019
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.3341203
Subject(s) - knightian uncertainty , constraint (computer aided design) , aggregate (composite) , consistency (knowledge bases) , econometrics , psychology , economics , mathematics , computer science , ambiguity , artificial intelligence , geometry , materials science , composite material , programming language
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