New paradigms in financial economics : how would Keynes reconstruct economics? / / Kazem Falahati

• Autore: Falahati Kazem
• Pubblicazione: Abingdon, Oxon : , : Routledge, , 2013
• Descrizione fisica: 1 online resource (225 p.)
• Disciplina: 330.15/6
• Soggetto topico: Finance; Investments; Finance - Mathematical models; Investments - Mathematical models
• Soggetto genere / forma: Electronic books.
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Preface -- Introduction -- Irrational foundations of "rational" behaviour in the standard paradigm -- Contradictions of the Marxian paradigm -- The new paradigm -- Resolution of theoretical and experimental puzzles -- Resolution of empirical puzzles in corporate finance -- Resolution of puzzles in macroeconomics -- Economic role of the state -- The recent global financial crisis -- Conclusion, policy and research recommendations -- Appendices: a critique of existing literature.
• Sommario/riassunto: The recent global financial crisis has made the inadequacies of the scientific state of economics and finance glaringly obvious, as these disciplines gave the false reassurance that such a self-destructive phenomenon could not happen. A similar phenomenon arose in the 1930's, when the pitfalls of the dominant economic theories were sharply exposed. Since then, the same analytical framework, in its new versions, has revealed a huge number of other empirical and experimental failures. On the other hand, the founders of the currently dominant theories in economics and finance (i.
• Titolo autorizzato: New paradigms in financial economics
• ISBN: 0-203-09718-1; 1-283-86331-6; 1-136-22154-9
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910463147903321
• Lo trovi qui: Univ. Federico II
• Serie: Routledge International Studies in Money and Banking