Source Word
Siegel's paradox
Proper noun
(economics)
The
phenomenon
that
uncertainty
about
future
prices
can
theoretically
push
rational
consumers
to
temporarily
trade
away
their
preferred
consumption
goods
(or
currency)
for
non-preferred
goods
(or
currency),
as
part
of
a
plan
to
trade
back
to
the
preferred
consumption
goods
after
prices
become
clearer.
Japanese Meaning
シーゲルのパラドックスとは、将来の価格が不確実であることを理由に、合理的な消費者が一時的に好む消費財(または通貨)を手放し、好ましくない消費財(または通貨)と交換する現象を指します。価格が明確になった後に再び好む財や通貨に戻る取引の計画の一環として説明されます。
Sense(1)
(economics)
The
phenomenon
that
uncertainty
about
future
prices
can
theoretically
push
rational
consumers
to
temporarily
trade
away
their
preferred
consumption
goods
(or
currency)
for
non-preferred
goods
(or
currency),
as
part
of
a
plan
to
trade
back
to
the
preferred
consumption
goods
after
prices
become
clearer.