Moeda, liquidez e experimentos cruciais
DOI:
https://doi.org/10.1590/1980-53572824majKeywords:
liquidity, probability, ShackleAbstract
The article identifies incompatibility between the assumptions necessary to validate the theory of probability and its use to explain the rationale on which the maintenance of specific assets because of the liquidity attached to them is founded. It is argued that, for being a ‘crucial experiment’, the decision of maintaining an asset because of its liquidity cannot be adequately understood by that theory. As an alternative to the theory of probability it is proposed the adaptation and use of G.L.S. Shackle’s theory of expectations.
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Copyright (c) 1998 Moacir dos Anjos Jr.
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