Pope, Robin; Selten, Reinhard; Kube, Sebastian; Hagen, … - 2009
laboratory. Third, nominalist heuristics are incompatible with expected utility theory which excludes the evaluation stage, and …. -- nominalism ; money illusion ; heuristic ; unpredictability ; experiment ; SKAT the Stages of Knowledge Ahead Theory ; prominent … predict exchange rates and to advocate floating exchange rates, economists unwittingly employ nominalist heuristics. Second …