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2024, Vol: 35, Issue: 132
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Original Article
Online Published: 22 Mar 2014
 


RATIONAL EXPECTATIONS

Melike BİLDİRİCİ.


Cited By:12

Abstract
Rational expectation is an equilibrium concept that can be applied to dynamic economic models. The concept was introduced by John Muth (1960-1961) in two articles and he used explicitly stochastic dynamic models. When the Rational Expectation concept or Muth' s term first appeared in an economic jouınal article in 1961, it was given a specific technical meaning concepted with economic models. In everyday practical sense, rational expectations is simply an assumption about people's behaviour.Despite the impact that rational expectations has had in the development of macroeconomic theory, some economists stili appears to be an extreme and controversial set of ideas with only little "policy relevance".Basic aim of this paper has been showed that the work on rational expectations has been important for understanding economics

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Pubmed Style

Melike BİLDİRİCİ. [RATIONAL EXPECTATIONS]. Ekonomik Yaklasim. 1999; 10(32): 31-60. Turkish. doi:10.5455/ey.10303

Web Style

Melike BİLDİRİCİ. [RATIONAL EXPECTATIONS]. https://www.ekonomikyaklasim.org/?mno=155569 [Access: September 30, 2024]. Turkish. doi:10.5455/ey.10303

AMA (American Medical Association) Style

Melike BİLDİRİCİ. [RATIONAL EXPECTATIONS]. Ekonomik Yaklasim. 1999; 10(32): 31-60. Turkish. doi:10.5455/ey.10303


Vancouver/ICMJE Style

Melike BİLDİRİCİ. [RATIONAL EXPECTATIONS]. Ekonomik Yaklasim. (1999), [cited September 30, 2024]; 10(32): 31-60. Turkish. doi:10.5455/ey.10303


Harvard Style

Melike BİLDİRİCİ (1999) [RATIONAL EXPECTATIONS]. Ekonomik Yaklasim, 10 (32), 31-60. Turkish. doi:10.5455/ey.10303


Turabian Style

Melike BİLDİRİCİ. 1999. [RATIONAL EXPECTATIONS]. Ekonomik Yaklasim, 10 (32), 31-60. Turkish. doi:10.5455/ey.10303


Chicago Style

Melike BİLDİRİCİ. "[RATIONAL EXPECTATIONS]." Ekonomik Yaklasim 10 (1999), 31-60. Turkish. doi:10.5455/ey.10303


MLA (The Modern Language Association) Style

Melike BİLDİRİCİ. "[RATIONAL EXPECTATIONS]." Ekonomik Yaklasim 10.32 (1999), 31-60. Print.Turkish. doi:10.5455/ey.10303


APA (American Psychological Association) Style

Melike BİLDİRİCİ (1999) [RATIONAL EXPECTATIONS]. Ekonomik Yaklasim, 10 (32), 31-60. Turkish. doi:10.5455/ey.10303




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