A sunspot equilibrium is a market equilibrium Cipro online without prescription, in which prices depend on otherwise irrelevant random variable. The name is inspired by a theory of nineteenth century economist William Jevons that sunspots affected the stock market, purchase cipro. Cost of cipro, (The theory, while wrong, cipro overnight, Purchase cipro without prescription, isn't quite as rediculous as it sounds. Jevons thought, buy cipro, Order cipro in canada, by looking at the data he had on sunspots and agricultural prices, that he detected a pattern that indicated that sunspots caused crops to fail, cipro canada, Cheap cipro from canada, which in turn caused recessions.)
A sunspot equilibrium would then be a self-fulfilling prophecy. If everyone expected that sunspots caused recessions, cheap cipro internet, Cipro medicine, that in principle could be sufficient to cause a recession, even if the cause-and-effect existed entirely in people's heads, cheapest generic cipro. Cipro prescription, Note that this outcome, while not optimal, cipro no online prescription, Cheap cipro no rx, would still be individually rational: even if you knew that sunspots didn't really cause recessions, you would know that everyone else was expecting a recession, low cost cipro, Buy cipro us, so you would act accordingly.
Karl Shell, cipro australia, Order cipro from canada, one of the inventors of the concept, has a list of links to his papers on sunspot equilibria, find cheap cipro online. Cipro without a prescription, In particular, he links to a short survey article he co-authored with Bruce Smith.
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