LIBROS DEL AUTOR: r koppl

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  • Big Players and the Economic Theory of Expectations
    R. Koppl
    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 interventi...
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