Zobrazeno 1 - 10
of 246
pro vyhledávání: '"John D. Hey"'
Publikováno v:
Management Science. 67:6946-6962
The Lucas tree model [Lucas RE Jr (1978) Asset prices in an exchange economy. Econometrica 46(6):1429–1445.] lies at the heart of modern macrofinance. At its core, it provides an analysis of the equilibrium price of a long-lived asset in an exchang
Autor:
Irene Maria Buso, John D. Hey
Publikováno v:
Theory and Decision. 91:445-476
Search and switching costs are two market frictions that are well known in the literature for preventing people from switching to a new and cheaper provider. Previous experimental literature has studied these two frictions in isolation. However, fiel
Publikováno v:
Constitutional Political Economy. 32:476-501
This paper reports on an experimental test of the acceptability of the Principle of Accountability. This is a principle of social justice, and states, “individuals should be rewarded for factors under their control […], but not for factors outsid
Autor:
John D. Hey, Oben K. Bayrak
Publikováno v:
Journal of Economic Surveys. 34:154-174
The term ‘preference imprecision’ seems to have different meanings to different people. In the literature, one can find references to a number of expressions. For example: vagueness, incompleteness, randomness, unsureness, indecisiveness and thic
Autor:
John D. Hey
Publikováno v:
Transactions of the Royal Society of South Africa. 75:78-94
This paper describes and discusses, mainly in terms of principles, the experimental work on energetic electron scattering by atomic nuclei, carried out by B. F. J. (later Sir Basil) Schonland, both...
Autor:
Chris Starmer, John D. Hey
Publikováno v:
Theory and Decision. 88:1-3
Publikováno v:
SSRN Electronic Journal.
The Lucas (1978) Tree Model lies at the heart of modern macro-finance. At its core, it provides an analysis of the equilibrium price of a long-lived asset in an exchange economy where consumption is the objective, and the sole purpose of the asset is
Autor:
John D Hey
Publikováno v:
Experiments in Economics. :i-xxix
Publikováno v:
Theory and Decision. 83:337-353
This paper is about satisficing behaviour. Rather tautologically, this is when decision-makers are satisfied with achieving some objective, rather than in obtaining the best outcome. The term was coined by Simon (Q J Econ 69:99–118, 1955), and has
Autor:
John D. Hey
Publikováno v:
Journal of Physics A: Mathematical and Theoretical. 54:165302
The law of Biot and Savart, derived by observation of the magnetic field produced by electric current flowing in a macroscopic conductor, is shown to yield the correct expression for the nuclear hyperfine interaction, when applied to the electron cir