Rational expectations: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Link with Behavioural economics and Irrational pages.) |
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== See also == | == See also == | ||
* [[Behavioural economics]] | |||
* [[Expectations theory]] | * [[Expectations theory]] | ||
* [[Irrational]] |
Revision as of 13:04, 9 March 2017
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.