Individual Forecasting and Aggregate Outcomes: 'Rational Expectations' Examined: 1
Language: English
Published by Cambridge University Press 2010-08-12, 2010
- Softcover
- New
Seller: Chiron Media, Wallingford, United KingdomChiron Media
5-star seller
AbeBooks seller since August 2, 2010
Softcover
Condition: New
US$ 79.52
US$ 20.94 shipping
Ships from United Kingdom to U.S.A.
Quantity: Over 20 available
Add to basketFree 30-day returns
Seller Inventory # 6666-IUK-9780521310956
- Title
- Individual Forecasting and Aggregate Outcomes: 'Rational Expectations' Examined: 1
- Author
- Roman Frydman
- Publisher
- Cambridge University Press 2010-08-12
- Publication year
- 2010
- Condition
- New
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0521310954
- ISBN 13
- 9780521310956
Growing out of a conference on Expectations Formation and Economic Disequilibrium held in New York City in 1981, the papers in this volume provide a complex view of market processes in which individual rationality is no guarantee of convergence to the 'correct' model and the equilibrium coordination of agents' plans. They reject the 'optimality' argument for the rational expectations hypothesis, opening the door to other hypotheses of optimal expectations of agents in the decentralized market economy.
"Synopsis" may belong to another edition of this title.
Book Description
Based on a conference on Expectations Formation and Economic Disequilibrium, this set of papers provides a complex view of market processes and sheds new light on the rational expectations hypothesis.
"About the title" may belong to another edition of this title.
Chiron Media
Wallingford, United Kingdom
5-star seller
AbeBooks seller since August 2, 2010
Shipping rates from United Kingdom to U.S.A.
| Item | 14 to 21 business days | 14 to 21 business days |
|---|---|---|
| First item | US$ 20.94 | US$ 20.94 |
Payment methods
Seller's business information
WRAP Ltd
Unit 4, 119 Loverock Rd
Reading, United Kingdom RG30 1DZ
Terms of sale
TBA
Shipping terms
Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.