head off antigovernment revolts,
Working paper: Accounting for Crises
Download the PDF. This paper shows empirically that currency investors are more likely to get spooked unnecessarily when they have too much information. This finding accords well with global games models, which argue that self-fulfilling panics—i.e., panics unrelated to fundamentals—are more likely to occur when the quality of public information available to investors is very high.
By SHARON LaFRANIERE and EDWARD WONG
The intimidation of reporters a sign of the authorities’ resolve to head off antigovernment revolts. Above, foreign journalists were detained in Shanghai on Sunday.http://www.nytimes.com/2011/03/07/world/asia/07china.html?hp
Block the progress or completion of; also, intercept. For example, They worked round the clock to head off the flu epidemic, or Try to head him off before he gets home. [First half of 1800s] This expression gave rise to head someone off at the pass, which in Western films meant "to block someone at a mountain pass." It then became a general colloquialism for intercepting someone, as in Jim is going to the boss's office--let's head him off at the pass.
...the investor spooked.
- Informal. A ghost; a specter.
- Slang. A secret agent; a spy.
- Offensive Slang. Used as a disparaging term for a Black person.
v. Informal, spooked, spook·ing, spooks. v.tr.
- To haunt.
- To startle and cause nervous activity in; frighten: The news spooked investors, and stock prices fell.
To become frightened and nervous.
[Dutch, from Middle Dutch spooc.]