Fragile, Error-Prone And Idiosyncratic Behaviour

Informational Cascades

af Andreas Heller

Inhaltsangabe:Abstract: Macroeconomics deals with the behaviour of the economy altogether and concentrates on fundamental and actual economic problems. Microeconomics deals with the behaviour of individuals and the aggregation of their actions in different institutional frameworks. Thus, both micro- and macroeconomics are doctrines to describe and understand individuals? behaviour, activities and outcomes. So, why does one try to better understand? ?Individuals are curious?, is a popular explana... (Læs mere)