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Big players
pp. 120-138
Abstract
Big Players are privileged actors who disrupt markets. A Big Player has three defining characteristics. He is big in the sense that his actions influence the market under study. He is insensitive to the discipline of profit and loss. He is arbitrary in the sense that his actions are based on discretion rather than any set of rules. Big Players have power and use it.
Publication details
Published in:
Koppl Roger (2002) Big players and the economic theory of expectations. Dordrecht, Springer.
Pages: 120-138
Full citation:
Koppl Roger (2002) Big players, In: Big players and the economic theory of expectations, Dordrecht, Springer, 120–138.