Sökning: "imperfect information nationalekonomi"
Hittade 5 uppsatser innehållade orden imperfect information nationalekonomi.
1. Monetary Policy Regime Shifts in Hungary: A State-Space Approach : A study of a modified Taylor Rule in Hungary with thime-varying properties of monetary policy
Master-uppsats, Södertörns högskola/NationalekonomiSammanfattning : This thesis demonstrates how a Taylor rule could capture the monetary policy decision pro- cess with imperfect information. The changes in the weights present in the rule reflect policy regime shifts. This framework is suitable in studying a small open transitional economy such as Hungary in recent years. LÄS MER
2. Why Are Assets on Betting Markets Priced So Diversely? A Microeconomic Analysis
D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomiSammanfattning : We consider a set of counter-intuitive empirical observations about betting markets, and ask to which extent they can be explained by microeconomic theory. Those facts are, roughly, that (i) prices are not uniform for seemingly equivalent instruments, (ii) betting exchanges generally offer better odds than bookmakers, (iii) there are many bookmakers operating but one dominant betting exchange and (iv) long-shot events are often predicted to occur more frequently than they actually do by the market. LÄS MER
3. An Experimental Test of Overconfidence as a Cause of Over- and Underinvestment in Conflict
D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomiSammanfattning : Overconfidence has been proposed as a cause of conflicts. However, there is little empirical support for this claim. We test overconfidence as a cause of over- and underinvestment in conflicts in a computerized experiment. First, we derive a model where overconfidence explains over- and underinvestment in conflict. LÄS MER
4. The game of oil shipping - a study of the market settings and the players' game
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : This thesis investigates the game of oil shipping; both the market settings and how the players play the game. An important characteristic of the oil shipping market is cycles in the spot freight prices. LÄS MER
5. Price Dispersion and Price Level: Online vs. Offline- A Quantitative Analysis
Kandidat-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : With the use of basic theory the effect of the Internet’s reduction in search cost is analysed. Two samples of prices of CD-albums, one from the offline and one from the online market, are used to test the hypotheses that prices are lower and less dispersed on the Internet. LÄS MER
