Uncertainty, Expectations, and Financial Instability

Uncertainty, Expectations, and Financial Instability

for $ 74.99 , or download a preview

74.99 Uncertainty, Expectations, and Financial Instability https://covers.feedbooks.net/item/925614.jpg?t=1621993265 https://www.feedbooks.com/item/925614/uncertainty-expectations-and-financial-instability?utm_medium=uwishlist&utm_source=amazon

Eric Barthalon applies the neglected theory of psychological time and memory decay of Nobel Prize–winning economist Maurice Allais (1911–2010) to model investors' psychology in the present context of recurrent financial crises. Shaped by the behavior of the demand for money during episodes of hyperinflation, Allais's theory suggests economic agents perceive the flow of clocks' time and forget the past at a context-dependent pace: rapidly in the presence of persistent… (more)


Book Details  


Publisher: Columbia University Press (November 11, 2014)

Format: EPUB

File size: 20 MB

Protection: DRM

Language: English


Look for similar items  


>
>
>
>
>
>