Open AccessBook
Big Players and the Economic Theory of Expectations
TLDR
In this paper, Mises Schutz Hayek discusses language games and economic theory with big players, including Ruble Angular Distribution and Money Demand Coda Appendices Index, and discusses big players.Abstract:
PART I: INTRODUCTION An Overview of the Book PART II: METHODOLOGY Mises Schutz Hayek PART III: THEORY Language Games and Economic Theory Expectations Big Players PART IV: APPLICATIONS Ruble Angular Distribution Money Demand Coda Appendices Indexread more
Citations
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A macro economy as an ecology of plans
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Austrian economics at the cutting edge
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Economics for a creative world
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References
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Big players and herding in asset markets: The case of the Russian ruble
Roger Koppl,Leland B. Yeager +1 more
TL;DR: In this article, the authors present a theory of asset pricing in which discretionary actions of "Big Players" encourage herding and irrational bubbles, thus weakening the tendency of asset prices to equal their rationally expected present values.