Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs

(Bog, Paperback / softback, Engelsk)



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Beskrivelse

Contrary to the standard theory which views the origin of uncertainty as being exogenous to the economic system, the theory of rational beliefs holds that a crucial component of social risk and economic fluctuations is endogenously propagated by variations in the state of beliefs of market participants.

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Alle detaljer

Forlag Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Type Bog
Format Paperback / softback
Sprog Engelsk
Udgave 1st ed. Softcover of orig. ed. 1997
Udgivelsesdato 09-02-2011
Første udgivelsesår 2011
Serie Studies in Economic Theory
Illustrationer XIV, 356 p.
Fagredaktør Mordecai Kurz
Originalsprog Germany
Sideantal 356
Indbinding Paperback / softback
Forlag Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Sideoplysninger 356 pages, XIV, 356 p.
Mål 235 x 155
ISBN-13 / EAN-13 9783642082955