Economics, Econometrics and Finance
8 years ago

Big Players in Economy Shaping Expectations and Changing Financial Landscape

Palgrave Macmillan UK eBooks
Big Players and the Economic Theory of Expectations
Roger Koppl

Paper Summary

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The article discusses how big players influence economic expectations. It uses the ideas of Mises, Schutz, and Hayek to explain this. The researchers show how language and games affect economic theories. They apply these ideas to the ruble, money demand, and other topics.