Building an Electronic Market System

Author(s):  
Elaine Lawrence ◽  
John Debenham
1999 ◽  
Vol 24 (6) ◽  
pp. 495-518 ◽  
Author(s):  
Benny Rachlevsky-Reich ◽  
Israel Ben-Shaul ◽  
Nicholas Tung Chan ◽  
Andrew W. Lo ◽  
Tomaso Poggio

2011 ◽  
pp. 99-118
Author(s):  
Yu. Olsevich

The article analyzes the psychological basis of the theory and economic policy of libertarianism, as contained in the book by A. Greenspan "The Age of Turbulence", clarifies the strengths and weaknesses of this doctrine that led to its discredit in 2008. It presents a new understanding of liberalization in 1980-1990s as a process of institutional transformation at the micro and meso levels, implemented by politicians and entrepreneurs with predatory and opportunistic mentality. That process caused, on the one hand, the acceleration of growth, on the other hand - the erosion of informal foundations of a market system. With psychology and ideology of libertarianism, it is impossible to perceive real macro risks generated at the micro level, which lead to a systemic crisis, and to develop measures to prevent it.


1992 ◽  
Vol 48 (1) ◽  
pp. 83-86 ◽  
Author(s):  
H. Kent Baker ◽  
Richard B. Edelman

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