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Big Players and the Economic Theory of Expectations

By: R. Koppl

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Hardcover | 1 September 2002 | Edition Number 1

At a Glance

Hardcover
268 Pages

Dimensions(cm)
21.6 x 14.0 x 1.91

Hardcover

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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.

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'The research contained... is of a very high level.' - Giampaolo Garzarelli, Journal of Public Finance and Public Choice

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You Can Find This Book In

Non-Fiction Accounting & Finance Finance Investment & Securities Shares & Stocks Economics Economic Forecasting Economic Theory & Philosophy Political Economy Politics & Government International Relations Econometrics

Macroeconomics Monetary Economics International Economics International Trade Trade Agreements

Introduction
An Overview of the Book
Methodology
Mises
Schutz
Hayek
Theory
Language Games and Economic Theory
Expectations
Big Players
Applications
Ruble
Angular Distribution
Money Demand
Coda
Introduction
An Overview of the Book
Methodology
Mises
Schutz
Hayek
Theory
Language Games and Economic Theory
Expectations
Big Players
Applications
Ruble
Angular Distribution
Money Demand
Coda
Table of Contents provided by Publisher. All Rights Reserved.

Big Players and the Economic Theory of Expectations

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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