Book reviews

N.D.

HISTORY OF ECONOMIC THOUGHT AND POLICY, 2012, issue 1, 125-166

Abstract: This paper reviews the classics of financial economics with the benefit of insight offered by the recent financial crisis. The failure of mainstream financial models to explain the observed behavior of markets is put in relation with Itzhak Gilboa?s critique of the decisional model used for assessing choice under uncertainty. The paper argues that Gilboa?s attempt to develop an alternative theory of decision under uncertainty has a clear Keynesian derivation.

JEL-codes: B26 D81 G11 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.francoangeli.it/riviste/Scheda_Riviste. ... 406&Tipo=ArticoloPDF (text/html)
Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fan:spespe:v:html10.3280/spe2012-001008

Ordering information: This journal article can be ordered from
http://www.francoang ... o.aspx?IDRivista=121

Access Statistics for this article

HISTORY OF ECONOMIC THOUGHT AND POLICY is currently edited by FrancoAngeli

More articles in HISTORY OF ECONOMIC THOUGHT AND POLICY from FrancoAngeli Editore
Bibliographic data for series maintained by Stefania Rosato ().