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Implications of Learning Behaviour for Price Processes - Rau-Goehring, Matthias
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2014, ISBN: 9783639710847

Scholars' Press, Taschenbuch, 200 Seiten, Publiziert: 2014-11-28T00:00:01Z, Produktgruppe: Buch, Hersteller-Nr.: black & white illustrations, 0.66 kg, Recht, Kategorien, Bücher, Managemen… Más…

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Matthias Rau-Goehring:

Implications of Learning Behaviour for Price Processes - Pasta blanda

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Rau-Goehring Matthias:
Implications of Learning Behaviour for Price Processes - Pasta blanda

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ISBN: 9783639710847

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Rau-Goehring, Matthias:
Implications of Learning Behaviour for Price Processes - Pasta blanda

2014, ISBN: 9783639710847

Scholars' Press, Paperback, 200 Seiten, Publiziert: 2014-11-28T00:00:01Z, Produktgruppe: Book, Hersteller-Nr.: black & white illustrations, 0.3 kg, Subjects, Books, Scholars' Press, 2014

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Rau-Goehring Matthias:
Implications of Learning Behaviour for Price Processes - Pasta blanda

2014, ISBN: 3639710843

[EAN: 9783639710847], Neubuch, [PU: Scholars' Press 2014-11], Books

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Detalles del libro
Implications of Learning Behaviour for Price Processes
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ISBN:

9783639710847


This book analyses the impact of learning behaviour in different economic environments. All cases are motivated by real world puzzles which cannot be explained by models with rational expectations: The size and persistence of exchange rate volatility, the possibility of financial market crashes without news, and progress in disinflation in transition countries despite limited credibility and conflicting monetary and fiscal policies. In particular, the author shows that adaptive learning behaviour adds additional dynamics to economic models, which are not present under the assumption of full rationality. Certain types of hysteresis in financial markets can be explained by relaxing the rational expectations assumption; credibility and transparency of economic policies matter even more when agents learn about their economic environment; and markets with incomplete and asymmetric information are inherently unstable and prone for market crashes.

Detalles del libro - Implications of Learning Behaviour for Price Processes


EAN (ISBN-13): 9783639710847
ISBN (ISBN-10): 3639710843
Tapa dura
Tapa blanda
Año de publicación: 2014
Editorial: Scholars' Press

Libro en la base de datos desde 2015-04-17T05:20:14-05:00 (Mexico City)
Página de detalles modificada por última vez el 2023-07-21T23:46:39-06:00 (Mexico City)
ISBN/EAN: 9783639710847

ISBN - escritura alterna:
3-639-71084-3, 978-3-639-71084-7
Mode alterno de escritura y términos de búsqueda relacionados:
Autor del libro: rau, goehring, göhring
Título del libro: learning see, learning from the least

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