Showing 1 - 4 of 4
Rational expectations has been the dominant way to model expectations, but the literature has quickly moved to a more realistic assumption of boundedly rational learning where agents are assumed to use only a limited set of information to form their expectations. A standard assumption is that...
Persistent link: https://www.econbiz.de/10013128293
Persistent link: https://www.econbiz.de/10011567510
Persistent link: https://www.econbiz.de/10011567515
Persistent link: https://www.econbiz.de/10012098520