Rational: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Link with Classical economics page)
imported>Doug Williamson
(Add link.)
 
(2 intermediate revisions by the same user not shown)
Line 7: Line 7:


== See also ==
== See also ==
*[[Behavioural economics]]
*[[Classical economics]]
*[[Classical economics]]
*[[Efficient market hypothesis]]
*[[Efficient market hypothesis]]
* [[Irrational]]
*[[Profit maximisation]]
*[[Profit maximisation]]
*[[Risk]]
*[[Risk]]
*[[Risk averse]]
*[[Risk averse]]
*[[Risk premium]]


[[Category:Corporate_financial_management]]
[[Category:Corporate_financial_management]]

Latest revision as of 13:27, 9 June 2020

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