Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs - Studies in Economic Theory - Mordecai Kurz - Books - Springer-Verlag Berlin and Heidelberg Gm - 9783540626121 - August 21, 1997
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Mordecai Kurz
Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs - Studies in Economic Theory 1997 edition

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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.

370 pages, 19 black & white tables, biography

Media Books     Hardcover Book   (Book with hard spine and cover)
Released August 21, 1997
ISBN13 9783540626121
Publishers Springer-Verlag Berlin and Heidelberg Gm
Pages 356
Dimensions 156 × 234 × 22 mm   ·   707 g
Language German  
Editor Kurz, Mordecai

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