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"synopsis" may belong to another edition of this title.
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.
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.
"About this title" may belong to another edition of this title.
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Paperback (No Dust Wrapper.). Condition: Very Good. Condition Notes: Wraps rubbed at the edges. A slightly dog-eared copy.; Paperback. ; Measures C Format (8½" x 5¼") (0.8 kg); pp 203; Index; Bibliography; In the Cambridge Surveys of Economic Literature series; || The book is on the shelf, ready to be appropriately packed, and posted from the pastoral paradise of Peasedown St. John, Bath, by a real bookseller in a real book shop - with my personal guarantee and beady eye on the Consumer Contracts Regulations. REMEMBER! Buying my copy means the book shop Jack Russells get their supper! My Book #158840 ||. Seller Inventory # 158840
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1983. Cambridge University Press. Soft covers. Book - VG. Seller Inventory # 2340
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