>  Term: rational expectations
rational expectations

The idea that people rationally anticipate the future and respond today to what they see ahead. This concept was pioneered by Nobel Laureate, Robert E. Lucas, Jr.

0 0

작성자

  • Jessehe
  •  (V.I.P) 32013 포인트
  • 40.13% positive feedback
© 2024 CSOFT International, Ltd.