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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: £51.00
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ISBN 10: 0521310954
ISBN 13: 9780521310956
Availability: Usually dispatched within 1-3 weeks.
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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
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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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FINANCIAL DARWINISM
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GOLDEN RULES OF ECONOMIC GROWTH
GREAT ECONOMIC SLOWDOWN (HB)
IMPERFECT KNOWLEDGE ECONOMICS (HB)
INDIVIDUAL FORECASTING AND AGGREGATE OUTCOMES
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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)
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PRIVATIZATION PROCESSES IN EASTERN EUROPE (HB)
PRIVATIZATION PROCESSES IN EASTERN EUROPE (HB)
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RETHINKING EXPECTATIONS
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