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Mr. Keynes' theory of investment: Do forward looking expectations and weight really matter?

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  • Anderson, Michael A.
  • Goldsmith, Arthur H.

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  • Anderson, Michael A. & Goldsmith, Arthur H., 1997. "Mr. Keynes' theory of investment: Do forward looking expectations and weight really matter?," Journal of Economic Psychology, Elsevier, vol. 18(5), pages 547-573, September.
    • Handle: RePEc:eee:joepsy:v:18:y:1997:i:5:p:547-573
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    References listed on IDEAS

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    1. Robert Ferber, 1967. "Determinants of Investment Behavior," NBER Books, National Bureau of Economic Research, Inc, number ferb67-1, June.
    2. Dale Jorgenson, 1967. "The Theory of Investment Behavior," NBER Chapters, in: Determinants of Investment Behavior, pages 129-175, National Bureau of Economic Research, Inc.
    3. Paul Davidson, 1991. "Is Probability Theory Relevant for Uncertainty? A Post Keynesian Perspective," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 129-143, Winter.
    4. Tobin, James, 1969. "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 15-29, February.
    5. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    6. Robert Eisner, 1978. "Factors in Business Investment," NBER Books, National Bureau of Economic Research, Inc, number eisn78-1, June.
    7. Grossman, Gene M, 1982. "Import Competition from Developed and Developing Countries," The Review of Economics and Statistics, MIT Press, vol. 64(2), pages 271-281, May.
    8. McIntosh, James & Schiantarelli, Fabio & Low, William, 1989. "A Qualitative Response Analysis of UK Firms' Employment and Output Decisions," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 4(3), pages 251-264, July-Sept.
    9. Elliott Middleton, 1986. "Some Testable Implications of a Preference for Subjective Novelty," Kyklos, Wiley Blackwell, vol. 39(3), pages 397-418, August.
    10. Robert Eisner, 1978. "Introduction to "Factors in Business Investment"," NBER Chapters, in: Factors in Business Investment, pages 1-16, National Bureau of Economic Research, Inc.
    11. Lawrence H. Summers, 1981. "Taxation and Corporate Investment: A q-Theory Approach," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 12(1), pages 67-140.
    12. Runde, Jochen, 1990. "Keynesian Uncertainty and the Weight of Arguments," Economics and Philosophy, Cambridge University Press, vol. 6(2), pages 275-292, October.
    13. Stephen Nickell, 1984. "An Investigation of the Determinants of Manufacturing Employment in the United Kingdom," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(4), pages 529-557.
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    Cited by:

    1. de Mendonça, Helder Ferreira & de Oliveira, Diego S.P., 2019. "Firms' confidence and Okun's law in OECD countries," Economic Modelling, Elsevier, vol. 78(C), pages 98-107.
    2. Feduzi, Alberto, 2007. "On the relationship between Keynes's conception of evidential weight and the Ellsberg paradox," Journal of Economic Psychology, Elsevier, vol. 28(5), pages 545-565, October.
    3. Lopes, Miguel Pereira, 2011. "A psychosocial explanation of economic cycles," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(5), pages 652-659.
    4. ten Cate, Arie & Mulder, Machiel, 2007. "Impact of the oil price and fiscal facilities on offshore mining at the Dutch Continental Shelf," Energy Policy, Elsevier, vol. 35(11), pages 5601-5613, November.
    5. Linda Fung‐Yee Ng & Chyau Tuan, 2004. "Does Post‐ante Investment Experience Matter? Lessons from FDI in China," The World Economy, Wiley Blackwell, vol. 27(10), pages 1631-1657, November.
    6. Olsina, Fernando & Garces, Francisco & Haubrich, H.-J., 2006. "Modeling long-term dynamics of electricity markets," Energy Policy, Elsevier, vol. 34(12), pages 1411-1433, August.

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