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Testing the Hayek hypothesis: Recent theoretical and experimental evidence.

Economists well understand that the work of Friedrich Hayek contains important theoretical insights. It is less often acknowledged that his work contains testable predictions about the nature of market processes. Vernon Smith termed the most important one the 'Hayek hypothesis': that gains from trad...

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Príomhchruthaitheoirí: Omar Al-Ubaydli, Peter Boettke, Brian C Albrecht
Formáid: Artigo
Teanga:Inglês
Foilsithe / Cruthaithe: Public Library of Science (PLoS) 2022-01-01
Sraith:PLoS ONE
Rochtain ar líne:https://doi.org/10.1371/journal.pone.0270489
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