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Resuscitating the Cobweb cycle /Klaus Reiner Schenk-Hoppé

Schenk-Hoppé, Klaus Reiner - 2002

Persistent link: https://www.econbiz.de/10001745741

Schenk-Hoppé, Klaus Reiner - 2002

This note shows that permanent fluctuations in the Cobweb model - though inconsistent with a rational expectations … equilibrium - can be justified as being rational when reinterpreting the model in the theory of rational beliefs …

Persistent link: https://www.econbiz.de/10014111024

The rational expectations hypothesis : an assessment from Popper's philosophy

Ayala, Iván H.; Palacio Vera, Alfonso - 2014

discuss its compatibility with two strands of Karl Popper's philosophy: his theory of knowledge and learning, and his … "rationality principle" (RP). First, we show that the REH is utterly incompatible with the former. Second, we argue that the REH …

Persistent link: https://www.econbiz.de/10010233586

Soros's reflexivity concept in a complex world : Cauchy distributions, rational expectations, and rational addiction

Davis, John B. - In: The journal of economic methodology 20 (2013) 4, pp. 368-376

Persistent link: https://www.econbiz.de/10010342042

Climate change adaptation will offer a sharp test of the claims of behavioral economics

Kahn, Matthew E. - In: The Economists' voice 12 (2015) 1, pp. 25-30

Persistent link: https://www.econbiz.de/10011304792

Evaluating exchange rate models based on rational expectations versus imperfect knowledge economics

Baycan, Ismail Onur - In: International journal of financial research 6 (2015) 4, pp. 187-193

Persistent link: https://www.econbiz.de/10011405474

Grade expectations : rationality and overconfidence

Magnus, Jan R.; Peresetsky, Anatoly A. - 2017

Overconfidence seems to be an essential aspect of human nature, and one way to study overconfidence is to consider students' forecasts of their exam grades. Part of a student's grade expectation is based on the student's previous academic achievements; what remains can be interpreted as...

Persistent link: https://www.econbiz.de/10011688320

Rational expectations : retrospect and prospect

Lovell, Michael C. (panelist); Lucas, Robert E. (panelist); … - 2011

Theory of Price Movements" (Econometrica 1961). The panel consists of Michael Lovell, Robert Lucas, Dale Mortensen, Robert …

Persistent link: https://www.econbiz.de/10011603748

Rationality and dynamic consistency under risk and uncertainty

Hammond, Peter J.; Zank, Horst - 2014

Persistent link: https://www.econbiz.de/10010366843

Fallibility in formal macroeconomics and finance theory

Frydman, Roman; Goldberg, Michael D. - In: The journal of economic methodology 20 (2013) 4, pp. 386-396

Persistent link: https://www.econbiz.de/10010342014