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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:
  • 9780521479394
  • Binding:
  • Paperback
  • Pages:
  • 200
  • Published:
  • June 12, 1996
  • Edition:
  • 2
  • Dimensions:
  • 229x151x17 mm.
  • Weight:
  • 316 g.
Delivery: 1-2 weeks
Expected delivery: November 29, 2024

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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