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Choice 09/01/2013
and more or less everything under the sun
and Cesar Chavez's United Farm Workers
ISBN-13: 9780125060417
Uncertainty, Expectations, and Financial Instability: Reviving Allais's Lost Theory of Psychological Time Format:Hardcover Choice 09/01/2013Eric Barthalon applies the neglected theory of psychological time and memory decay of Nobel Prize winning economist Maurice Allais (1911 2010) to model investors' psychology in the present context of recurrent financial crises. Shaped by the behavior of the demand for money during episodes of hyperinflation, Allais's theory suggests economic agents perceive the flow of clocks' time and forget the past at a context dependent pace: rapidly in the
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