Eric Barthalon: 1 book
Uncertainty, Expectations, and Financial Instability
Reviving Allais's Lost Theory of Psychological Time
Language: English
Release Date: November 18, 2014
Eric 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...
