WEKO3
アイテム
Is the distribution of pessimistic states of mind a market failure?
https://takushoku-u.repo.nii.ac.jp/records/185
https://takushoku-u.repo.nii.ac.jp/records/1852ad7e9db-26f3-433f-8eef-ce2b211b4d0e
名前 / ファイル | ライセンス | アクション |
---|---|---|
Is the distribution of pessimistic states of mind a market failure (292.3 kB)
|
|
Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
---|---|---|---|---|---|---|
公開日 | 2019-04-04 | |||||
タイトル | ||||||
タイトル | Is the distribution of pessimistic states of mind a market failure? | |||||
言語 | en | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | microfoundations of macroeconomics | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | quantity-constrained behavior | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | neoclassical synthesis | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | market failure | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | resource allocation mechanism | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | microfoundations of macroeconomics | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | quantity-constrained behavior | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | neoclassical synthesis | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | market failure | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | resource allocation mechanism | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
資源タイプ | departmental bulletin paper | |||||
種別 | ||||||
値 | 論文 / Article | |||||
著者 |
池田, 髙信
× 池田, 髙信 |
|||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | The market mechanism, or the price adjustment mechanism, and the state of mind have been considered important factors in economic activities, but how these two are related has not been explored. The former is called the Walrasian mechanism and is the basic framework of microeconomics, in which psychological factors are put behind the scenes or considered restrictions to rational decision-making by agents. The latter is argued as a main factor in a trade cycle in macroeconomics. Because microeconomics and macroeconomics have not been integrated into a fully synthesized theory, the distribution of states of mind has not been regarded as a factor in price adjustment in a market economy or as a market failure. We consider what kind of state of mind an agent can have based on past market trading and which factors bind his trading opportunity. This paper presents a model of Samuelsonian neoclassical synthesis, in which either the Walrasian mechanism or a non-Walrasian quantity-constrained mechanism works depending on the distribution of states of mind. We claim that in many cases, a non-Walrasian mechanism is at work and with some policies, the Walrasian mechanism would be restored. | |||||
言語 | en | |||||
書誌情報 |
拓殖大学論集. 政治・経済・法律研究 en : The review of Takushoku University : Politics, economics and law 巻 21, 号 2, p. 27-54, 発行日 2019-03-20 |
|||||
出版者 | ||||||
出版者 | 拓殖大学政治経済研究所 | |||||
ISSN | ||||||
収録物識別子タイプ | PISSN | |||||
収録物識別子 | 13446630 | |||||
著者版フラグ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
日本十進分類法 | ||||||
主題Scheme | NDC | |||||
主題 | 331.84 |