Rational Expectations (Cambridge Surveys of Economic Literature) - Hardcover

Sheffrin

Hardcover

ISBN 10: 0521243106 ISBN 13: 9780521243100

Publisher: Cambridge University Press, 1983

Synopsis

From the collection of the late Professor Sir Tony Atkinson. Hardcover in very good condition. The lightly sunned jacket spine is a little worn and nicked on the head. Boards are lightly marked. Light foxing to the page block. Binding is sound and the text is clear. CM

About this title

Book Description

In recent years, economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. This book develops the idea of rational expectations and surveys its use in economics today.

From the Back Cover

Professor Sheffrin first explores the logical foundation of the concept and the case for employing it in economic analysis. A final chapter assesses its impact on theoretical and empirical work in economics and policy arenas.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1983
• Language: English
• ISBN 10: 0521243106
• ISBN 13: 9780521243100
• Binding: Hardcover
• Edition number: 1
• Number of pages: 224