Rational Herds 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Christophe P. Chamley 作者

Cambridge Univ Press

译者

2003-11-24 出版日期

418 页数

USD 67.00 价格

Paperback

丛书系列

9780521530927 图书编码

Rational Herds 在线电子书图书标签: 金融经济学政治学 Probability Microeconomics

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Rational Herds 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Rational Herds 在线电子书图书描述

Penguins jumping off a cliff, economic forecasters and financial advisors speculating against a currency, and farmers using traditional methods in India are all practising social learning. Such learning from the behavior of others may and does lead to herds, crashes, and booms. These issues have become, over the last ten years, an exciting field of research in theoretical and applied economics, finance, and in other social sciences. This 2004 book provides both an informal introduction and in-depth insights into the subject. Each chapter is devoted to a separate issue: individuals learn from the observations of actions, the outcomes of these actions, and from what others say. They may delay or make an immediate decision; they may compete against others or gain from cooperation; they make decisions about investment, crop choices, and financial investments. The book highlights the similarities and the differences between the various cases.

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