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Big Players and the Economic Theory of Expectations - by R Koppl (Hardcover)

Big Players and the Economic Theory of Expectations - by  R Koppl (Hardcover) - 1 of 1
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About this item

Highlights

  • Investment and all other economic actions depend on 'subjective' expectations.
  • About the Author: ROGER KOPPL is Professor of Economics and Finance at Fairleigh Dickinson University, Madison, USA.
  • 248 Pages
  • Business + Money Management, Economics

Description



Book Synopsis



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.



Review Quotes




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




About the Author



ROGER KOPPL is Professor of Economics and Finance at Fairleigh Dickinson University, Madison, USA.
Dimensions (Overall): 8.32 Inches (H) x 6.08 Inches (W) x .83 Inches (D)
Weight: 1.14 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 248
Genre: Business + Money Management
Sub-Genre: Economics
Publisher: Palgrave MacMillan
Theme: Theory
Format: Hardcover
Author: R Koppl
Language: English
Street Date: June 19, 2002
TCIN: 1006473739
UPC: 9780333678268
Item Number (DPCI): 247-20-3591
Origin: Made in the USA or Imported
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Shipping details

Estimated ship dimensions: 0.83 inches length x 6.08 inches width x 8.32 inches height
Estimated ship weight: 1.14 pounds
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