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Item Details
Title: INDIVIDUAL FORECASTING AND AGGREGATE OUTCOMES
'RATIONAL EXPECTATIONS' EXAMINED
By: Roman Frydman (Editor), Edmund S. Phelps (Editor)
Format: Paperback

List price: £48.99
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ISBN 10: 0521310954
ISBN 13: 9780521310956
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 2 October, 1986
Pages: 250
Description: The papers in this volume provide a complex view of market processes.
Synopsis: 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.
Illustrations: d.tabs.
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
Some other items by this author:
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CORPORATE GOVERNANCE IN CENTRAL EUROPE AND RUSSIA (PB)
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DESIGNING INCLUSION
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ENTERPRISE AND INCLUSION IN ITALY (HB)
ENTERPRISE AND INCLUSION IN ITALY (PB)
EQUITY, EFFICIENCY AND GROWTH (HB)
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FINANCE, RESEARCH, EDUCATION AND GROWTH
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FINANCIAL DARWINISM
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GOLDEN RULES OF ECONOMIC GROWTH
GREAT ECONOMIC SLOWDOWN (HB)
IMPERFECT KNOWLEDGE ECONOMICS (HB)
INDIVIDUAL FORECASTING AND AGGREGATE OUTCOMES
INFLATION
INFLATION POLICY AND UNEMPLOYMENT THEORY (PB)
INSTITUTIONS AND ECONOMIC ORGANISATION IN THE ADVANCED ECONOMIES (HB)
INTERNATIONAL ECONOMIC INTERDEPENDENCE, PATTERNS OF TRADE BALANCES AND ECONOMIC POLICY COORDINATION (HB)
INTERNATIONAL ECONOMIC INTERDEPENDENCE, PATTERNS OF TRADE BALANCES AND ECONOMIC POLICY COORDINATION (PB)
JENSEITS RATIONALER MARKTE (HB)
KNOWLEDGE INFORMATION AND EXPECTATIONS IN MODERN MACROECONOMICS (HB)
KNOWLEDGE, INFORMATION, AND EXPECTATIONS IN MODERN MACROECONOMICS (PB)
MASS FLOURISHING
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MASS FLOURISHING (PB)
PERSPECTIVES ON THE PERFORMANCE OF THE CONTINENTAL ECONOMIES (HB)
POLITICAL ECONOMY (HB)
PRIVATIZATION IN EASTERN EUROPE (PB)
PRIVATIZATION PROCESS IN CENTRAL EUROPE (PB)
PRIVATIZATION PROCESS IN RUSSIA, UKRAINE AND THE BALTIC STATES (PB)
PRIVATIZATION PROCESSES IN EASTERN EUROPE (HB)
PRIVATIZATION PROCESSES IN EASTERN EUROPE (HB)
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THE PRIVATIZATION PROCESS IN CENTRAL EUROPE (HB)
THE PRIVATIZATION PROCESS IN RUSSIA, THE UKRAINE, AND THE BALTIC STATES (HB)
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