411 REFERENCE · Wiktionary
Siegel's paradox
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
Identified by economist Jeremy Siegel in 1972.
Proper noun
en 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.
en eponyms