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Titlebook: Behavioral Interactions, Markets, and Economic Dynamics; Topics in Behavioral Shinsuke Ikeda,Hideaki Kiyoshi Kato,Yoshiro Tsutsu Book 2016

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Price Bubbles Sans Dividend Anchors: Evidence from Laboratory Stock Marketsinvestors tend to form their expectations of future prices by forward, not backward, induction. These laboratory results suggest that investors’ short horizons and the consequent difficulty of backward induction are important contributors to the emergence of price bubbles.
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https://doi.org/10.1007/978-3-319-58208-5rs will fall when the child’s discount factor falls. This is in contrast with the standard altruism model, which predicts that parental transfers are independent of exogenous changes in the child’s discount factor.
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Imperialism and the Wider Atlanticver which the marginal rate of substitution is positive and diminishing. However, its implications on consumer choice and welfare economics are significantly different from those of traditional theory.
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Imperial History and the Postnational Otherndeterminacy. Social want is captured by emulation–avoidance of reference groups, and the serviceabilities of a commodity bundle to it are imputed. The resulting norm-guided behavior is rationalizable in the traditional sense.
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Imperialism with Reference to Syriarsistent unemployment. A fiscal expansion may or may not increase short-run private consumption but crowds out long-run consumption under temporary unemployment. Under persistent unemployment, however, a fiscal expansion always increases private consumption. The “paradoxes of toil and flexibility” also appear.
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https://doi.org/10.1057/9781403983664ecessarily unstable. In a capital economy with decreasing returns technology, both the non-satiated and satiated steady-state points can be saddlepoint stable. The model is used to examine policy implications for the effects of capital taxation and government spending.
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