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False Consciousness in Financial Markets
  • Language: en

False Consciousness in Financial Markets

  • Type: Book
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  • Published: 2011
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  • Publisher: Unknown

In general, models in finance assume that investors are risk averse. An example of such a recent model is the pioneering work of Aumann and Serrano, which presents an economic index of riskiness of gambles which is independent of wealth and holds (as might be understood from the adjective "economic") for exclusively risk averse investors. In their paper, they discuss gambles with positive expected returns which will be accepted or rejected by agents which different levels of risk aversion. The question never asked by the authors (and in most of the finance literature) is: Who is offering these attractive gambles? To arrive at an answer, we extend the Aumann-Serrano risk index in such a way t...

Why Hasn't the Collective Farm Disappeared?
  • Language: en
  • Pages: 22

Why Hasn't the Collective Farm Disappeared?

  • Type: Book
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  • Published: 1992
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  • Publisher: Unknown

None

Attitudes to Risk and Roulette
  • Language: en

Attitudes to Risk and Roulette

  • Type: Book
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  • Published: 2011
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  • Publisher: Unknown

None

Creating the Reform-resistant Dependent Economy
  • Language: en
  • Pages: 33

Creating the Reform-resistant Dependent Economy

How the CMEA system of international trade affected enterprise incentives and inhibited market-oriented domestic reform in the Eastern European socialist economies.

Painful Regret and Elation at the Track
  • Language: en

Painful Regret and Elation at the Track

  • Type: Book
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  • Published: 2011
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  • Publisher: Unknown

None

Stalinist Economic Strategy in Practice
  • Language: en
  • Pages: 192

Stalinist Economic Strategy in Practice

Socialist economic planning and economic development trends from 1945 to 1977 in Albania - discusses the historical background, political ideology, workers participation, industrial management, agricultural management, impact of development aid and self reliance policy, and impact of incomes policies, domestic consumption, etc., on economic growth and industrial development. Bibliography pp. 162 to 165, map, references and statistical tables.

An Economic Model of Regime Change : Freedom as a Public Good
  • Language: en
  • Pages: 44

An Economic Model of Regime Change : Freedom as a Public Good

  • Type: Book
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  • Published: 1992
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  • Publisher: Unknown

None

Economic Reform and the Composition of Output : Hungary 1970-1985
  • Language: en
  • Pages: 42

Economic Reform and the Composition of Output : Hungary 1970-1985

  • Type: Book
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  • Published: 1992
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  • Publisher: Unknown

None

Economic Stalinism and Transition Cost : the Albanian Industrialization Experience
  • Language: en
  • Pages: 62

Economic Stalinism and Transition Cost : the Albanian Industrialization Experience

  • Type: Book
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  • Published: 1992
  • -
  • Publisher: Unknown

None

Inside Information in a Betting Market
  • Language: en
  • Pages: 30