This entertaining book takes up the theme that psychology matters for economics. Akerlof and Shiller introduce this idea in the guise of ‘animal spirits ’ that they define to mean five things: (1) confidence (beliefs about what will happen can independently influence outcomes); (2) fair-ness (wage setting depends on concerns for what others receive); (3) antisocial behavior (some bankers are criminals); (4) money illusion (peo-ple are confused about money prices versus real prices); and (5) stories (people believe what friends and the media tell them). In the first five chapters, the authors elaborate on each of their five meanings of animal spirits. In the following eight chapters they use their ideas t
This book combines chapters written by leading social psychologists and economists, illuminating the...
The rationale of this research goes into the origins of the economic crises from a different way of ...
Abstract: Human psychology is the key to understanding the world and also to understanding investmen...
Animal spirits*. How human psychology drives the economy and why it matters for global capitalism he...
Bokrecension: Animal spirits :how human psychology drives the economy, and why it matters for global...
The term animal spirits has returned to academic and public discourse in a way which departs signifi...
Animal spirits are often suggested as a cause of business cycles, but they are very difficult to def...
I. Propositions Propositions of animal spirits are derived from literature. Due to a lack of clarity...
The purpose of this paper is to explore the scope for analysing animal spirits as a social and cultu...
Standard Macroeconomics treats animal spirits as a source of uncertainty disturbing otherwise ration...
This paper provides the first evidence for empirical tests of the impact of rational expectations as...
AbstractThis paper provides the first evidence for empirical tests of the impact of rational expecta...
Abstract. The rationale of this research goes into the origins of the economic crises from a differe...
Keynes argues that a beauty contest in financial markets is a combination of rational higher-order b...
The world is in a precarious place. The signs and symptoms are all around us—from escalating environ...
This book combines chapters written by leading social psychologists and economists, illuminating the...
The rationale of this research goes into the origins of the economic crises from a different way of ...
Abstract: Human psychology is the key to understanding the world and also to understanding investmen...
Animal spirits*. How human psychology drives the economy and why it matters for global capitalism he...
Bokrecension: Animal spirits :how human psychology drives the economy, and why it matters for global...
The term animal spirits has returned to academic and public discourse in a way which departs signifi...
Animal spirits are often suggested as a cause of business cycles, but they are very difficult to def...
I. Propositions Propositions of animal spirits are derived from literature. Due to a lack of clarity...
The purpose of this paper is to explore the scope for analysing animal spirits as a social and cultu...
Standard Macroeconomics treats animal spirits as a source of uncertainty disturbing otherwise ration...
This paper provides the first evidence for empirical tests of the impact of rational expectations as...
AbstractThis paper provides the first evidence for empirical tests of the impact of rational expecta...
Abstract. The rationale of this research goes into the origins of the economic crises from a differe...
Keynes argues that a beauty contest in financial markets is a combination of rational higher-order b...
The world is in a precarious place. The signs and symptoms are all around us—from escalating environ...
This book combines chapters written by leading social psychologists and economists, illuminating the...
The rationale of this research goes into the origins of the economic crises from a different way of ...
Abstract: Human psychology is the key to understanding the world and also to understanding investmen...