Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, government subsidy schemes and regulations. The doctrine of rational expectations uses standard economic methods to explain how those expectations are formed. This work collects the papers that have made significant contributions to formulating the idea of rational expectations. ...
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Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, government subsidy schemes and regulations. The doctrine of rational expectations uses standard economic methods to explain how those expectations are formed. This work collects the papers that have made significant contributions to formulating the idea of rational expectations. Most of the papers deal with the connections between observed economic behavior and the evaluation of alternative economic policies.
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Seller's Description:
VERY GOOD. Size: 9x5x0; VOLUME 2 ONLY; 689 clean, unmarked, tight pages with slight curling at corners; light soiling on outer edges of textblock with a stain at bottom edge of first quarter of book; cover has light shelf, edge, and corner wear, creases, rubbing, and wear at ends of spine; bump at upper rear spine.
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Good. There is either a name, note, or insciprtion on the inside cover. The pages are sun faded and slightly yellowing. We flipped through this book and didn't notice any notes or underlines. The cover has visible markings and wear. There may be stickers or sticker residue on the cover. Some corner dings. This is a paperback copy. Fast Shipping-Each order powers our free bookstore in Chicago and sending books to Africa!
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Used-G. Shelf wear on cover and/or edges. Slight fraying to corner edges. Body warped from shelf wear. This book is noticeably used and in good condition. Help support Orca Books Cooperative--Olympia's only Co-op Bookstore!
