Individual Forecasting and Aggregate Outcomes
Subtitle: 'Rational Expectations' Examined
Contributors: Roman Frydman (Editor); Edmund S. Phelps (Editor)
Publisher: Cambridge University Press
Published: September 1, 1987
Language: eng
Format: Paperback
Number of pages: 256
ISBN-13: 9780521310956
Subjects: Economic theory & philosophy; Probability & statistics; Business/Economics; Business & Economics; Business / Economics / Finance; Economic History; Business & Economics / Economic History
First sentence: Understanding the formation of individual expectations and the roles of information and knowledge in economic decisions has long been one of the most difficult and important problems in economics.