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Macro Markets Creating Institutions for Managing Society's Largest Economic Risks (Clarendon Lectures in Economics) Tapa dura - 1994
de Robert Shiller
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Living standards are not fully insurable because of moral-hazard problems: if people or organizations knew that their incomes were guaranteed regardless of the amount of effort that they put in, then there would be a markedly reduced incentive to make efforts to maintain income.
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- Título Macro Markets Creating Institutions for Managing Society's Largest Economic Risks (Clarendon Lectures in Economics)
- Autor Robert Shiller
- Encuadernación Tapa dura
- Edición Third Printing
- Editorial Oxford University Press, USA, Oxford
- Fecha de publicación June 2, 1994
- ISBN 9780198287827
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Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks (Clarendon Lectures in Economics)
de Shiller, Robert
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Macro Markets : Creating Institutions for Managing Society's Largest Economic Risks
de Robert J. Shiller
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Oxford University Press, Incorporated, 1994. Hardcover. Good. Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less.Dust jacket quality is not guaranteed.
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Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks (Clarendon Lectures in Economics)
de Robert Shiller
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Oxford University Press, USA, 1994-06-02. Hardcover. Good.
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Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks (Clarendon Lectures in Economics)
de Robert J. Shiller
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Clarendon Press, 1994. Hardcover. New. Usually Dispatched within 1-2 Business Days , Buy with confidence , excellent customer service
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Macro markets : creating institutions for managing society's largest economic risks / Robert J. Shiller
de Shiller, Robert J.
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Oxford : Clarendon, 1993. 1st edition. Hardcover. Fine cloth copy in a very good, slightly edge-nicked and dust-dulled dust-wrapper, now mylar-sleeved. Remains particularly well-preserved overall; tight, bright, clean and strong. Physical description; 254 pp. Contents; Preface; Acknowledgements; Contents; 1 Introduction; The ideal: A world market for major income risks; Hedging income risk in today's markets; Markets as inventions; Markets as accidents of history; 2 Psychological Barriers; Research on psychology and risk perceptions; Lack of information and ambiguity; Demand for insurance by firms; Social-psychological factors; Gambling behavior; Speculative behavior; Promoting proper public use of macro markets; Psychological barriers: summing up; 3 Mechanisms for Hedging Long Streams of Income; Settlement based on cash-market asset price. Settlement based on measures of income rather than priceExchange-guaranteed securities markets for perpetual claims on indices; Perpetual futures; Rational…
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Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks
de Shiller, Robert J.
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Fairlawn, New Jersey, U.S.A.: Clarendon Pr, 1993. Hardback in near fine condition with near fine condition dust jacket.. Hardcover. Near Fine/Near Fine.
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Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks (Clarendon Lectures in Economics)
de Shiller, Robert
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Oxford University Press. Hardcover. New. New. In shrink wrap. Looks like an interesting title!
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