Rational Expectations: The Concise Encyclopedia of Economics | Library of Economics and Liberty

Rational Expectations: The Concise Encyclopedia of Economics | Library of Economics and Liberty

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日期:2025-05-04
The theory of rational expectations was first proposed by John F. Muth of Indiana University in the early 1960s. He used the term to describe the many economic situations in which the outcome depends partly on what people expect to happen. The price of an...看更多