cam a22 4500 551389702 CHVBK 20200915050741.0 m d cr |n |||||||| 140320s2014 nyua sb 001 0 eng d 2014936226 0-231-16628-1 (hardback) 978-0-231-16628-7 (hardback) 978-0-231-53830-5 (ebook) (SERSOL)ssj0001416209 (WaSeSS)ssj0001416209 YDXCP eng YDXCP BTCTA BDX OCLCQ OCLCO ZCU BGU COO CDX OCLCQ TXM UAB OCLCF SOI OCLCQ TOH DLC WaSeSS HG4515.15 .B39 2014 332.6019 23 Barthalon Eric Uncertainty, expectations, and financial instability [Elektronische Daten] reviving Allais's lost theory of psychological time Eric Barthalon New York Columbia University Press ©2014 1 online resource (xlvi, 396 pages) illustrations text txt rdacontent/eng computer c rdamedia/eng online resource cr rdacarrier/eng Includes bibliographical references (pages 367-374) and index. Expectations before the rational expectations revolution -- Rational expectations are endogenous to and abide by "the" model -- Macrofoundations of monetary dynamics -- Microfoundations of monetary dynamics: the HRL formulation of the demand for money -- The fundamental equation of monetary dynamics -- Joint testing of the HRL formulation of the demand for money and of the fundamental equation of monetary dynamics -- Allais's HRL formulation: illustration of its dynamic properties by an example of hyperinflation (Zimbabwe 2000-2008) -- The HRL formulation and nominal interest rates -- Perceived returns and the modeling of financial behavior -- Downside potential under risk: the Allais paradox and its conflicting interpretations -- Downside potential under uncertainty: the perceived risk of loss -- Conclusion -- Appendixes: A. How to compute Z(n) and z(n) -- B. Nominal interest rates and the perceived rate of nominal growth -- C. Proofs -- D. Comparison between the Kalman filter and Allais's HRL algorithm -- E.A note on the theory of intertemporal choice -- F. Allais's cardinal utility function. Lizenzbedingungen können den Zugang einschränken. License restrictions may limit access. Allais, Maurice Allais, Maurice (OCoLC)fst00039554 fast Investments Psychological aspects BUSINESS & ECONOMICS / Inflation bisacsh Investments Psychological aspects (OCoLC)fst00978283 fast https://www.degruyter.com/openurl?genre=book&isbn=9780231538305 Uni Basel: Volltext https://www.degruyter.com/openurl?genre=book&isbn=9780231538305 Uni Bern: Volltext BK020053 XK020053 XK020000 De Gruyter PDA SSH eBooks De Gruyter PDA STM eBooks E-Books von 360MarcUpdates PDA Package: All eBook Content, incl. OWV/AV PDA5EBK IDSBB A145 A145 145VT IDSBB B405 B405 405VT NELB4052004 IDSBB 100 1- Barthalon Eric IDSBB 856 40 https://www.degruyter.com/openurl?genre=book&isbn=9780231538305 Uni Basel: Volltext IDSBB 856 40 https://www.degruyter.com/openurl?genre=book&isbn=9780231538305 Uni Bern: Volltext SWISSBIB 341291897