Rational: Difference between revisions

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imported>Doug Williamson
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== See also ==
== See also ==
*[[Classical economics]]
*[[Efficient market hypothesis]]
*[[Efficient market hypothesis]]
*[[Profit maximisation]]
*[[Profit maximisation]]

Revision as of 13:40, 1 May 2018

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