| Publikationstyp: | Working Paper – Gutachten – Studie |
| Titel: | Rationally "irrational" : theory and empirical evidence |
| Autor/-in: | Müller, Christian |
| Umfang: | 30 |
| Erscheinungsdatum: | 2008 |
| Verlag / Hrsg. Institution: | Centre for Economic Policy Research |
| Verlag / Hrsg. Institution: | London |
| Sprache: | Englisch |
| Schlagwörter: | Fundamental Uncertainty; Macro Finance; Rational Expectation |
| Fachgebiet (DDC): | 330: Wirtschaft |
| Zusammenfassung: | This paper presents a model for asset markets with a subjectively rational solution for the price of the traded assets. Consequently, traders cannot act objectively rational and an increase in the numbers of traders does not enlarge the information set necessary for determining the "true" price. An empirical test is suggested. It demonstrates the relevance of the argument. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/15400 |
| Lizenz (gemäss Verlagsvertrag): | Lizenz gemäss Verlagsvertrag |
| Departement: | School of Management and Law |
| Organisationseinheit: | Zentrum für Arbeitsmärkte, Digitalisierung und Regionalökonomie (CLDR) |
| Enthalten in den Sammlungen: | Publikationen School of Management and Law |
Dateien zu dieser Ressource:
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Zur Langanzeige
Müller, C. (2008). Rationally “irrational” : theory and empirical evidence. Centre for Economic Policy Research.
Müller, C. (2008) Rationally ‘irrational’ : theory and empirical evidence. London: Centre for Economic Policy Research.
C. Müller, “Rationally “irrational” : theory and empirical evidence,” Centre for Economic Policy Research, London, 2008.
MÜLLER, Christian, 2008. Rationally „irrational“ : theory and empirical evidence. London: Centre for Economic Policy Research
Müller, Christian. 2008. “Rationally “Irrational” : Theory and Empirical Evidence.” London: Centre for Economic Policy Research.
Müller, Christian. Rationally “Irrational” : Theory and Empirical Evidence. Centre for Economic Policy Research, 2008.
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