| Document Date: 2015-04-08 13:03:44
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Company Gilboa and Schmeidler / / Currency USD / / IndustryTerm control law ut / transition law / certainty-equivalent solution / control law / / Person Neng Wang / Michael Woodford / THOMAS J. SARGENT / Like Epstein / Epstein / Frank Knight / LARS PETER HANSEN / Robert Tetlow / Milton Friedman / / Position first player / maximizing player / a second minimizing player / model / second player / / ProgrammingLanguage C / / |
WANTING ROBUSTNESS IN MACROECONOMICS LARS PETER HANSEN AND THOMAS J. SARGENT 1. Introduction 1.1. Foundations. von Neumann and Morgenstern (1944), Savage (1954), and Muthcreated mathematical foundations that appl