| 单词 | rational expectations |
| 释义 | > as lemmasrational expectations rational expectations n. Economics the theory that participants in economic activity forecast the future rationally by using all available information, and that therefore prices will change only when new information becomes available; frequently attributive. ΚΠ 1960 J. F. Muth in Econometrica 28 704 Finally, it is shown that the rational expectations hypothesis is in good agreement with the facts, at least if one views the empirical results generously. 1982 Jrnl. Finance 37 471 In a rational expectations model asymmetrically informed investors must learn something from the equilibrium prices. 2006 Financial Times (Nexis) 17 Nov. 13 The ‘new classical economics’..was based on rational expectations and rapid market clearing. < as lemmas |
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