Free Delivery Over $100
|
|
|||
|
||||
OverviewAnalyzing price expectations is a difficult task since prices themselves are highly volatile in most markets and expectational behaviours are heterogeneous and unstable. Formulating ideas about price movements can result in instability in the market for goods and financial services. In order to appreciate the degree of generality of expectational behaviour, the contributors analyze 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. This book analyzes recent developments in price expectations, combining theoretical developments with empirical research to explore the links between the two approaches. Full Product DetailsAuthor: François Gardes , Georges PratPublisher: Edward Elgar Publishing Ltd Imprint: Edward Elgar Publishing Ltd Dimensions: Width: 15.60cm , Height: 2.30cm , Length: 23.40cm Weight: 0.606kg ISBN: 9781840643220ISBN 10: 1840643226 Pages: 320 Publication Date: 25 August 2000 Audience: College/higher education , Professional and scholarly , Postgraduate, Research & Scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsContents: Foreword by M. Hashem Pesaran Introduction Part I: Rationality, Heterogeneity and Formation of Expectations: Concepts and Theoretical Analyses 1. From Self-fulfilling to Self-correcting Expectations 2. About the Origins of the Player’s Expectations in Game Theory 3. Common Knowledge and the Information Revealed through Prices 4. Private Information, Public Information, Expectations and Prices in Financial Markets 5. Imitative Expectations and Informational Paradox 6. Rare Events and Stock Price Expectations Part II: Rationality, Heterogeneity and Formation of Expectations: Lessons from Survey Data 7. Rationality of Price and Unemployment Expectations 8. Variance Rationality 9. Expectations Formation and Risk in Three Financial Markets 10. The Inconsistency of the Exchange Rate Forecast Term Structure of Expectations 11. The Evidence of a Mixed Expectation Generating Process in the Foreign Exchange Market 12. Modelling Stock Price Expectations IndexReviewsAuthor InformationEdited by François Gardes, Professor of Economics, University of Paris I-Panthéon-Sorbonne and Member, TEAM, Paris, France and Georges Prat, Director of Research, National Center of Scientific Research (CNRS) and Member, MODEM, University of Paris-X Nanterre, France Tab Content 6Author Website:Countries AvailableAll regions |
||||
