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assumption of rationality forms the basis of neoclassical economic theory, question of whether expectations of industrial … that results from non-response; it depends on time, and is different from general population. We find that rationality of …
Persistent link: https://www.econbiz.de/10008497143
assumption: rationality of economic agents. It discusses role of rationality assumption in neoclassical and evolutionary theories …
Persistent link: https://www.econbiz.de/10005113461
A method of analyzing rationality of expectations of economic agents, based on contingency tables, is applied to price … that expectations of Polish entrepreneurs are not formed rationally. Rationality condition is confirmed in such a limited … number of cases that it is not even feasible to differentiate between private and public enterprises as far as rationality of …
Persistent link: https://www.econbiz.de/10005113469