Rational

From ACT Wiki

Revision as of 13:27, 9 June 2020 by imported>Doug Williamson (Add link.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to navigation Jump to search

Economics.

Classical economics assumes that all market participants are profit-maximising and risk averse.

This combination of preferences is known as 'rational' in the efficient market hypothesis.

See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Rational&oldid=40051’

Corporate financial management

Navigation menu