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The behavioral economics of John Maynard Keynes

Schettkat, Ronald - 2018

After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo … or reclassified in the neoclassical synthesis. Keynes' General Theory is truly general. It includes the full … recent results in behavioral economics. Keynes' macroeconomics is the result of his microeconomics. Keynes' theory is a …

Persistent link: https://www.econbiz.de/10011929683

Quand les cercles vicieux deviennent vertueux : une expérience de marché cobweb circulaire

Sutan, Angela; Willinger, Marc - In: Revue d'économie industrielle 114/115 (2006) 2/3, pp. 267-289

Persistent link: https://www.econbiz.de/10003405171

The endowment effect, status quo bias and loss aversion : rational alternative explanation

Dupont, Dominique Y.; Lee, Gabriel S. - 2001

The endowment effect, status quo bias, and loss aversion are robust and well documented results from experimental psychology. They introduce a wedge between the prices at which one is willing to sell or buy a good. The objective of this paper is to address this wedge. We show that the presence...

Persistent link: https://www.econbiz.de/10009724431

On price-taking behavior in asymmetric information economies

MacLean, Richard P.; Peck, James; Postlewaite, Andrew - In: Essays in dynamic general equilibrium theory ; …, (pp. 129-142). 2004

Persistent link: https://www.econbiz.de/10002575916

Rationalité économique et juste prix

Berthoud, Arnaud - In: Le marché chez Adam Smith, (pp. 139-156). 1991

Persistent link: https://www.econbiz.de/10001311192

A theory of commodity price fluctuations

Chambers, Marcus J. - In: Journal of political economy 104 (1996) 5, pp. 924-957

Persistent link: https://www.econbiz.de/10001208022

Near-rational wage and price setting and the long-run Phillips curve

Akerlof, George A.; Dickens, William T.; Perry, George L. - In: Brookings papers on economic activity : BPEA (2000) 1, pp. 1-60

Persistent link: https://www.econbiz.de/10001515610

Efficacy of fiscal policy under flexible exchange rates with price and exchange rate expectations

Akiba, Hiroya - In: Asian journal of economics and social studies 12 (1993) 3, pp. 181-196

Persistent link: https://www.econbiz.de/10001177560

US industry pricing and rational expectations

Lynde, Catherine - In: Atlantic economic journal : AEJ 18 (1990) 4, pp. 48-58

Persistent link: https://www.econbiz.de/10001103025

On testing the price sluggishness hypothesis under regime of rational expectations : the case of Greece ; 1954 - 1980

Paleologos, John M. - In: The Indian journal of economics 73 (1992) 289, pp. 253-265

Persistent link: https://www.econbiz.de/10001148402