The Equity Premium Puzzle

The Equity Premium Puzzle
复制标题

DOI：
--
复制
发表时间：
2001
期刊：
--
影响因子：
--
通讯作者：
J. Siegel;R. Thaler
J. Siegel;R. Thaler
中科院分区：
其他
文献类型：
--
作者：
J. Siegel;R. Thaler

文献摘要

被引文献

相似文献

经济学与其他社会科学的区别在于它相信大多数（所有？）行为可以通过假设具有稳定、明确偏好的理性主体在（最终）出清的市场中相互作用来解释。如果一个经验结果很难“合理化”，或者如果在范式中解释它需要不可信的假设，那么它就有资格成为一个异常。对未来主题的建议应发送给Richard Thaler，c/o Journal of Economic Perspectives，Graduate School of Business，University of芝加哥，芝加哥，IL 60637，或
Economics can be distinguished from other social sciences by the belief thatmost (all?) behavior can be explained by assuming that rational agents with stable, well-defined preferences interact in markets that (eventually) clear. An empirical result qualifies as an anomaly if it is difficult to "rationalize" or if implausible assumptions are necessary to explain it within the paradigm. Suggestions for future topics should be sent to Richard Thaler, c/o Journal of Economic Perspectives, Graduate School of Business, University of Chicago, Chicago, IL 60637, or