Jusélius, Katarina - 2009
/incomplete knowledge expectations, etc.
One of the great advantages of this journal is that it encourages open discus-
sions and critical … their view as they learn
more. Furthermore, if we add that agents, in view of their imperfect knowledge,
are myopic and … endogenously risk averse, then we will end up with a di erent the-
ory, the imperfect knowledge economics (IKE) (Frydman and …