Rational expectations: Difference between revisions
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imported>Doug Williamson (Link with Adaptive expectations page.) |
imported>Doug Williamson (Classify page.) |
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* [[Expectations theory]] | * [[Expectations theory]] | ||
* [[Irrational]] | * [[Irrational]] | ||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] |
Latest revision as of 07:52, 2 July 2022
A concept implying that the market forms expectations in a way that is consistent with the actual economic structure of the market.
The prices that result in the market place represent an average of all investors' expectations.