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Human Psychology and Economic Fluctuations: A New Basic Theory of Human Economics Book
Human Psychology and Economic Fluctuation : Hardback : Palgrave Macmillan : 9780230004825 : 0230004822 : 06 Jun 2006 : This book incorporates human psychology into economic analysis. It constructs a new basic structure model of economic circulation, analyzes the direct relationship between human psychology and economic fluctuation, and provides a framework in which output and the allocation of resources are simultaneously determined.Read More
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Product Description
The human factor has received scant attention in modern Economics, however this volume redresses the balance by incorporating human psychology into economic analysis. This book constructs a new basic structure model of economic circulation based on a new flow-like concept of utility (diminishing utility) and analyzes the direct relationship between human psychology and economic fluctuation, while expanding it into a consistent explanation of the generation and the collapse of financial bubbles.
- 0230004822
- 9780230004825
- Hideaki Tamura
- 6 June 2006
- Palgrave Macmillan
- Hardcover (Book)
- 200
- 1
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