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Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs - Studies in Economic Theory Mordecai Kurz 1st ed. Softcover of orig. ed. 1997 edition
Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs - Studies in Economic Theory
Mordecai Kurz
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.
356 pages, 19 black & white tables, biography
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | February 9, 2011 |
| ISBN13 | 9783642082955 |
| Publishers | Springer-Verlag Berlin and Heidelberg Gm |
| Pages | 356 |
| Dimensions | 155 × 235 × 19 mm · 526 g |
| Language | German |
| Editor | Kurz, Mordecai |
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