Narrative Economics  -  Robert J. Shiller

How Stories Go Viral and Drive Major Economic Events

KORTE INHOUD

"Economists have long based their forecasts on financial aggregates such as price-earnings ratios, asset prices, and exchange rate fluctuations, and used them to produce statistically informed speculations about the future--with limited success. Robert Shiller employs such aggregates in his own forecasts, but has famously complemented them with observations about the influence of mass psychology on certain events. This approach has come to be known as behavioral economics. How can economists effectively cap...
2019 Taal: Engels zie alle details...

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2019 Uitgever: Princeton University Press 400 paginas Taal: Engels ISBN-10: 0691182299 ISBN-13: 9780691182292