IDEAS home Printed from https://ideas.repec.org/a/ejw/journl/v21y2024i1p69-78.html
   My bibliography  Save this article

Rejoinder on Ergodicity Economics

Author

Listed:
  • Matthew C. Ford
  • John A. Kay

Abstract

Eleven authors replied to our paper on ergodicity economics in Econ Journal Watch, suggesting that we had made two mistakes which explain our conclusions. We believe that their interpretation of our paper is mistaken. We attempt to clarify the matter by responding to their specific points. We then set out the issues which remain and conclude that our criticism of ergodicity economics remains unanswered.

Suggested Citation

  • Matthew C. Ford & John A. Kay, 2024. "Rejoinder on Ergodicity Economics," Econ Journal Watch, Econ Journal Watch, vol. 21(1), pages 1-69–78, March.
    • Handle: RePEc:ejw:journl:v:21:y:2024:i:1:p:69-78
    as

    Download full text from publisher

    File URL: https://econjwatch.org/File+download/1298/FordKayMar2024.pdf?mimetype=pdf
    Download Restriction: no
    File URL: https://econjwatch.org/1348
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Latane, Henry A., 1979. "The geometric mean criterion continued," Journal of Banking & Finance, Elsevier, vol. 3(4), pages 309-311, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      Ergodicity economics; expected utility theory; decision making under uncertainty; growth optimality;
      All these keywords.

      JEL classification:

      • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
      • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
      • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
      • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
      • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ejw:journl:v:21:y:2024:i:1:p:69-78. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jason Briggeman (email available below). General contact details of provider: https://edirc.repec.org/data/edgmuus.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.