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Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs - Mordecai Kurz (Editor)
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Mordecai Kurz (Editor):

Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs - neues Buch

ISBN: 9783540626121

ID: 9783540626121

The book presents a new theory of expectations called "rational beliefs". 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. One part of the book provides an exposition of the foundation of the theory of rational beliefs. A second part The book presents a new theory of expectations called "rational beliefs". 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. One part of the book provides an exposition of the foundation of the theory of rational beliefs. A second part explores the structure of general equilibrium models in which market participants hold rational beliefs. The "Applications" part of the book studies the behavior of asset prices and rates of return on financial assets. It demonstrates that endogenous uncertainty provides a uniform paradigm for the study of economic fluctuations. Textbooks New, Books~~Business & Economics~~Economics~~Theory, Endogenous-Economic-Fluctuations~~Mordecai-Kurz, 999999999, Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs, Mordecai Kurz (Editor), 3540626123, Springer Berlin Heidelberg, , , , , Springer Berlin Heidelberg

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Endogenous Economic Fluctuations
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Endogenous Economic Fluctuations - neues Buch

ISBN: 9783540626121

ID: 9815302

The book presents a new theory of expectations called "rational beliefs". 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. One part of the. The book presents a new theory of expectations called "rational beliefs". 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. One part of the book provides an exposition of the foundation of the theory of rational beliefs. A second part explores the structure of general equilibrium models in which market participants hold rational beliefs. The "Applications" part of the book studies the behavior of asset prices and rates of return on financial assets. It demonstrates that endogenous uncertainty provides a uniform paradigm for the study of economic fluctuations. Books, Business, Finance and Law~~Economics~~Economic Theory & Philosophy, Endogenous Economic Fluctuations~~Book~~9783540626121, , , , , , , , , ,, [PU: Springer, Berlin/Heidelberg]

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Endogenous Economic Fluctuations - Mordecai Kurz
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Mordecai Kurz:
Endogenous Economic Fluctuations - neues Buch

ISBN: 9783540626121

ID: 345d16ec4a1f5e9ccb1dca2c8fab968e

Studies in the Theory of Rational Beliefs The book presents a new theory of expectations called "rational beliefs". 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. One part of the book provides an exposition of the foundation of the theory of rational beliefs. A second part explores the structure of general equilibrium models in which market participants hold rational beliefs. The "Applications" part of the book studies the behavior of asset prices and rates of return on financial assets. It demonstrates that endogenous uncertainty provides a uniform paradigm for the study of economic fluctuations. Bücher / Fremdsprachige Bücher / Englische Bücher 978-3-540-62612-1, Springer

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Mordecai Kurz:
Endogenous Economic Fluctuations - neues Buch

ISBN: 9783540626121

ID: 198643545

The book presents a new theory of expectations called ´´rational beliefs´´. 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. One part of the book provides an exposition of the foundation of the theory of rational beliefs. A second part explores the structure of general equilibrium models in which market participants hold rational beliefs. The ´´Applications´´ part of the book studies the behavior of asset prices and rates of return on financial assets. It demonstrates that endogenous uncertainty provides a uniform paradigm for the study of economic fluctuations. Studies in the Theory of Rational Beliefs Buch (fremdspr.) Bücher>Fremdsprachige Bücher>Englische Bücher, Springer

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Endogenous Economic Fluctuations Studies in the Theory of Rational Beliefs 1st Edition - Mordecai Kurz
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ISBN: 3540626123

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Endogenous Economic Fluctuations Studies in the Theory of Rational Beliefs 1st Edition Author :Mordecai Kurz 9783540626121 3540626123, [PU: Springer, Berlin/Heidelberg]

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Details zum Buch
Endogenous Economic Fluctuations
Autor:

Mordecai Kurz

Titel:

Endogenous Economic Fluctuations

ISBN-Nummer:

3540626123

The book presents a new theory of expectations called "rational beliefs". 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. One part of the book provides an exposition of the foundation of the theory of rational beliefs. A second part explores the structure of general equilibrium models in which market participants hold rational beliefs. The "Applications" part of the book studies the behavior of asset prices and rates of return on financial assets. It demonstrates that endogenous uncertainty provides a uniform paradigm for the study of economic fluctuations.

Detailangaben zum Buch - Endogenous Economic Fluctuations


EAN (ISBN-13): 9783540626121
ISBN (ISBN-10): 3540626123
Gebundene Ausgabe
Erscheinungsjahr: 1997
Herausgeber: Springer-Verlag GmbH
380 Seiten
Gewicht: 0,730 kg
Sprache: eng/Englisch

Buch in der Datenbank seit 14.04.2007 22:13:51
Buch zuletzt gefunden am 24.07.2016 16:25:45
ISBN/EAN: 3540626123

ISBN - alternative Schreibweisen:
3-540-62612-3, 978-3-540-62612-1

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