ISBN:
9780230629240
Language:
English
Pages:
Online-Ressource (XV, 248 p, online resource)
Series Statement:
SpringerLink
Series Statement:
Bücher
Series Statement:
Springer eBook Collection
Series Statement:
Palgrave Economics & Finance Collection
Series Statement:
Springer ebook collection / Palgrave Economics and Finance Collection 2000 - 2013
Parallel Title:
Erscheint auch als
Parallel Title:
Printed edition
Parallel Title:
Print version Big Players and the Economic Theory of Expectations
Keywords:
Rationale Erwartung
;
Erwartungsbildung
;
Österreichische Schule
;
Finanzmarkt
;
Theorie
;
Economics
;
Stock price forecasting
;
Economics History 20th century
;
Rational expectations (Economic theory)
;
Economic forecasting
;
Money market Forecasting
;
Business cycles
;
Political economy
;
Economic theory
;
Finance
;
Macroeconomics
;
Econometrics.
;
International economic relations.
;
Bibliographie enthalten
;
Wirtschaftstheorie
;
Rationale Erwartung
;
Großbetrieb
Abstract:
Investment and all other economic actions depend on 'subjective' expectations. The problem is how to construct a theory of expectations that assumes people interpret their situations in unpredictable ways. Building on the evolutionary economics of F.A.Hayek, Koppl gives us such a theory. This includes a theory of 'Big Players', demonstrating that discretionary policy interventions create ignorance and uncertainty. The volume uses innovative methods to address many vital problems in economic theory, and connects with many other schools of economics including New Institutional Economics, Constitutional Economics and Post Walsarian Economics
Description / Table of Contents:
Cover; Contents; List of Figures; List of Tables; Preface; Acknowledgments; Part I. Introduction; Part II. Methodology; Part III. Theory; Part IV. Applications; Coda; Appendixes; Notes; Bibliography; Name Index; Subject Index
Note:
Includes bibliographical references (p. 223-236) and indexes
DOI:
10.1057/9780230629240
URL:
Volltext
(Deutschlandweit zugänglich)
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