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About Rational Expectations

In recent years, economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. This book develops the idea of rational expectations and surveys its use in economics today.

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  • Language:
  • English
  • ISBN:
  • 9780521474009
  • Binding:
  • Hardback
  • Pages:
  • 200
  • Published:
  • June 12, 1996
  • Edition:
  • 2
  • Dimensions:
  • 156x235x16 mm.
  • Weight:
  • 440 g.
Delivery: 2-3 weeks
Expected delivery: January 12, 2025

Description of Rational Expectations

In recent years, economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. This book develops the idea of rational expectations and surveys its use in economics today.

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