77 Massachusetts Avenue
50 Memorial Drive
Cambridge, MA 02139-4307
Massachusetts Institute of Technology (MIT)
Informational frictions, higher-order beliefs, strategic uncertainty, coordination failure, animal spirits, aggregate demand, business cycles, financial crises, global games, beauty contests
This is a National Bureau of Economic Research Paper. NBER charges a fee of
$5.00 for this paper.
File name: nber.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
Low interest rates, risk taking, investment experiment, reference dependence, salience
Cookies are used by this site. To decline or learn more, visit our Cookies page.
This page was processed by apollobot1 in 0.205 seconds