Rational expectations: Difference between revisions
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imported>Doug Williamson (Link with Behavioural economics and Irrational pages.) |
imported>Doug Williamson (Link with Adaptive expectations page.) |
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== See also == | == See also == | ||
* [[Adaptive expectations]] | |||
* [[Behavioural economics]] | * [[Behavioural economics]] | ||
* [[Expectations theory]] | * [[Expectations theory]] | ||
* [[Irrational]] | * [[Irrational]] |
Revision as of 09:43, 2 May 2018
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.