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Persistent link: https://www.econbiz.de/10005345711
In the process of expectations formation, autonomous economic agents are usually assumed to form homogeneous expectations, e.g. adaptive or extrapolative, on former or current evaluations, or to act according to the rational-expectations hypothesis. In this paper we use a model of interdependent...
Persistent link: https://www.econbiz.de/10005706687