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Titlebook: Big Players and the Economic Theory of Expectations; Roger Koppl Book 2002 Palgrave Macmillan, a division of Macmillan Publishers Limited

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發(fā)表于 2025-3-21 19:49:31 | 只看該作者 |倒序瀏覽 |閱讀模式
期刊全稱Big Players and the Economic Theory of Expectations
影響因子2023Roger Koppl
視頻videohttp://file.papertrans.cn/186/185743/185743.mp4
圖書封面Titlebook: Big Players and the Economic Theory of Expectations;  Roger Koppl Book 2002 Palgrave Macmillan, a division of Macmillan Publishers Limited
影響因子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.
Pindex Book 2002
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沙發(fā)
發(fā)表于 2025-3-21 20:30:40 | 只看該作者
Schutz attempt to ‘synthesize’ Weber and Husserl” (1986, p. 1). Schutz’s motive was to shore up the methodological defenses of the Austrian school of economics. Prendergast describes Schutz as “committed” to the “overall methodological standpoint” of the Austrian school (1986, p. 3). The “titular head” of
板凳
發(fā)表于 2025-3-22 00:32:01 | 只看該作者
Hayek of Caldwell (1988, 1992a, 1992b), the most common view may still be that of Hutchison (1984) who argued that Hayek abandoned Misesian methodology in 1937. “Hayek I” was a follower of Mises, Hutichson argues, and “Hayek II” was a follower of Popper.. Hutchison’s views are based on a reading of Mises
地板
發(fā)表于 2025-3-22 06:51:40 | 只看該作者
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發(fā)表于 2025-3-22 08:45:49 | 只看該作者
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發(fā)表于 2025-3-22 14:15:00 | 只看該作者
Big Playersnce the market under study. He is insensitive to the discipline of profit and loss. He is arbitrary in the sense that his actions are based on discretion rather than any set of rules. Big Players have power and use it.
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發(fā)表于 2025-3-22 19:58:34 | 只看該作者
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發(fā)表于 2025-3-22 21:34:28 | 只看該作者
The Angular Distribution of Asset Returns in Delay Spaceumes that the underlying error term is normally distributed. But, as Broussard and Koppl (1999) report, Yeager’s ruble returns exhibit kurtosis. The distribution of returns has fat tails; it is not a normal distribution. Second, the model assumes the data are continuous, not discrete. But the ruble
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發(fā)表于 2025-3-23 02:02:01 | 只看該作者
Herding in Money Demand a well-specified model that will allow them to track accurately the demand for money and predict its future movements. By the early 1970s, a general consensus had emerged among economists about the functional form of money demand. This form seemed highly stable in the period after the Second World
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發(fā)表于 2025-3-23 06:48:25 | 只看該作者
Codalacement has come along. Most economists recognize that rational maximizing is a reasonable assumption in certain cases. But they also recognize that these special cases, though important, are only some of the cases of interest to economists. The argument of this book, including the language-games f
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