9781840643220 - price expectations in goods and financial markets: new developments in theory and empirical research (20 resultados)
Price Expectations in Goods and Financial Markets: New Developments in Theory and Empirical Research
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Librería: Anybook.com, Lincoln, Reino UnidoAnybook.com
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Condición: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,650grams, ISBN:1840643226.
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Librería: Basi6 International, Irving, Estados Unidos de AmericaBasi6 International
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Librería: Romtrade Corp., STERLING HEIGHTS, Estados Unidos de AmericaRomtrade Corp.
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EUR 107,28
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Condición: New. This is a Brand-new US Edition. This Item may be shipped from US or any other country as we have multiple locations worldwide.
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Librería: Basi6 International, Irving, Estados Unidos de AmericaBasi6 International
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EUR 107,28
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Condición: Brand New. New. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service.
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Librería: Books Puddle, New York, Estados Unidos de AmericaBooks Puddle
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Librería: Majestic Books, Hounslow, Reino UnidoMajestic Books
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Librería: Biblios, frankfurt am main, AlemaniaBiblios
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Librería: PBShop.store UK, Fairford, Reino UnidoPBShop.store UK
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HRD. Condición: New. New Book. Shipped from UK. Established seller since 2000.
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Librería: GreatBookPrices, Columbia, Estados Unidos de AmericaGreatBookPrices
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EUR 184,65
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Librería: Brook Bookstore On Demand, Napoli, ItaliaBrook Bookstore On Demand
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Librería: GreatBookPricesUK, Woodford Green, Reino UnidoGreatBookPricesUK
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Librería: GreatBookPricesUK, Woodford Green, Reino UnidoGreatBookPricesUK
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EUR 177,49
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Condición: As New. Unread book in perfect condition.
Price Expectations in Goods and Financial Markets: New Developments in Theory and Empirical Research
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Librería: Mispah books, Redhill, Reino UnidoMispah books
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EUR 167,97
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Hardcover. Condición: Like New. LIKE NEW. SHIPS FROM MULTIPLE LOCATIONS. book.
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EUR 200,43
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Condición: As New. Unread book in perfect condition.
Price Expectations in Goods and Financial Markets: New Developments in Theory and Empirical Research
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Librería: Kennys Bookshop and Art Galleries Ltd., Galway, IrlandaKennys Bookshop and Art Galleries Ltd.
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EUR 191,38
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Condición: New. 2000. Hardcover. . . . . .
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Librería: Rarewaves.com USA, London, Reino UnidoRarewaves.com USA
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Hardback. Condición: New. Analysing how price expectations are formed is essential since the dynamics of market prices are mainly driven by the agent's belief concerning the future values of prices and by the uncertainty characterising these values. This is a difficult task as prices are highly volatile in most markets and expec…tational behaviour is heterogeneous and unstable. This volume discusses the concept of rationality of expectations from both a theoretical and an empirical point of view, and on individual and collective levels. Concerning the first aspect, the book focuses on how agents collect and process information and how market opinion is formed. Concerning the second aspect, the book presents studies based on individual price expectations and on the 'consensus' revealed by survey data. To appreciate the degree of generality of expectational behaviour, the contributors analyse price expectations in a variety of markets, periods and countries. Great attention is paid to financial markets which have represented the main field of analysis of expectations over the last ten years. Four main lessons stem from the works presented in this book. First, if the REH in the muthian sense seems now invalidated, this result does not mean that there is not rationality in price expectations: on the one hand, expectations may be economically rational in the sense of the advantage-cost analysis, and, on the other hand, the exchange of information between agents through the market may involve some mimetic rationalities. Second, it appears important to take into account the individual nature of expectations both at the theoretical and empirical levels: generally, the heterogeneity is not neutral in reaching an economic equilibrium or in estimating expectational processes. Third, expectational behaviour change over time: both the processes and the parameters which intervene in these processes are time-varying, especially according to the volatility of the variables. Fourth, a combination of these three basic processes appears to be successful in explaining the dynamics of expectations, although the expectational process is rather extrapolative (destabilising) when the horizon is short and rather regressive and adaptive (stabilising) when the horizon is long.
Price Expectations in Goods and Financial Markets: New Developments in Theory and Empirical Research
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Librería: Revaluation Books, Exeter, Reino UnidoRevaluation Books
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EUR 204,93
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Hardcover. Condición: Brand New. 302 pages. 9.25x6.25x0.75 inches. In Stock.
Price Expectations in Goods and Financial Markets: New Developments in Theory and Empirical Research
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Librería: Kennys Bookstore, Olney, Estados Unidos de AmericaKennys Bookstore
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EUR 241,01
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Condición: New. 2000. Hardcover. . . . . . Books ship from the US and Ireland.
Price Expectations in Goods and Financial Markets: New Developments in Theory and Empirical Research
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Librería: THE SAINT BOOKSTORE, Southport, Reino UnidoTHE SAINT BOOKSTORE
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EUR 236,92
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Hardback. Condición: New. New copy - Usually dispatched within 4 working days.
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Librería: Rarewaves.com UK, London, Reino UnidoRarewaves.com UK
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EUR 203,93
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Hardback. Condición: New. Analysing how price expectations are formed is essential since the dynamics of market prices are mainly driven by the agent's belief concerning the future values of prices and by the uncertainty characterising these values. This is a difficult task as prices are highly volatile in most markets and expec…tational behaviour is heterogeneous and unstable. This volume discusses the concept of rationality of expectations from both a theoretical and an empirical point of view, and on individual and collective levels. Concerning the first aspect, the book focuses on how agents collect and process information and how market opinion is formed. Concerning the second aspect, the book presents studies based on individual price expectations and on the 'consensus' revealed by survey data. To appreciate the degree of generality of expectational behaviour, the contributors analyse price expectations in a variety of markets, periods and countries. Great attention is paid to financial markets which have represented the main field of analysis of expectations over the last ten years. Four main lessons stem from the works presented in this book. First, if the REH in the muthian sense seems now invalidated, this result does not mean that there is not rationality in price expectations: on the one hand, expectations may be economically rational in the sense of the advantage-cost analysis, and, on the other hand, the exchange of information between agents through the market may involve some mimetic rationalities. Second, it appears important to take into account the individual nature of expectations both at the theoretical and empirical levels: generally, the heterogeneity is not neutral in reaching an economic equilibrium or in estimating expectational processes. Third, expectational behaviour change over time: both the processes and the parameters which intervene in these processes are time-varying, especially according to the volatility of the variables. Fourth, a combination of these three basic processes appears to be successful in explaining the dynamics of expectations, although the expectational process is rather extrapolative (destabilising) when the horizon is short and rather regressive and adaptive (stabilising) when the horizon is long.
