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Theory and Method

An Analytical Comparison of Certainty Equivalence and Sequential Updating

Pages 348-350 | Received 01 Aug 1973, Published online: 06 Apr 2012

References

  • Harkema , R. 1973 . “Some Remarks on Two Well-Known Strategies for Dynamic Planning under Uncertainty,” , Rotterdam : Econometric Institute .
  • Prescott , E. C. 1971 . “Adaptive Decision Rules for Macro-Economic Planning,” . Western Economic Journal , 9 ( 4 ) December : 369 – 78 .
  • Prescott , E. C. 1972 . “The Multi-Period Control Problem under Uncertainty,” . Econometrica , 40 ( 6 ) November : 1043 – 58 .
  • Theil , H. 1964 . Optimal Decision Rules for Government and Industry , Amsterdam : North-Holland Publishing Co. .
  • Zellner , A. 1971 . An Introduction to Bayesian Inference in Econometrics , New York : John Wiley & Sons, Inc. .

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