Political cycles: Beyond rational expectations. [PDF]
PLoS ONE, 2018 MOTIVATION AND METHOD:Existing rational expectations models cannot satisfactorily explain why political budget manipulations systematically raise re-election chances and only occur in "specific contexts".
Frank Bohn
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Assumptions, Applications and Implications of Modern Economic Analysis in Comprehending Neo-Classical Economics [PDF]
Social Science Chronicle, 2022 This research paper delves into the foundational principles, assumptions, applications, and limitations of neoclassical economics, presenting a comprehensive exploration of its significance in economic analysis, policy formulation, and the understanding ...
Nicole Dubois
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The dual role of equilibrium price in competitive economies with asymmetric information [PDF]
Ekonomski Anali, 2008 This paper analyses equilibrium in competitive markets with asymmetrically informed agents. In contrast to Walrasian equilibrium, where equilibrium price is only an indicator of relative scarcity, in the models studied in this paper equilibrium price has
Trifunović Dejan
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Rational speculative bubbles: A critical view [PDF]
Ekonomski Anali, 2007 According to the theory of rational bubbles, the bubble is present whenever asset prices progressively diverge from their fundamental value, which occurs because agents expect that asset prices will continue to grow exponentially (self-fulfilling ...
Radonjić Ognjen
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Looking Backward and Looking Forward
Econometrics, 2019 Filtering has had a profound impact as a device of perceiving information and deriving agent expectations in dynamic economic models. For an abstract economic system, this paper shows that the foundation of applying the filtering method corresponds to ...
Zhengyuan Gao, Christian M. Hafner
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The Factors Influencing the Formation of Economic Expectations in Ukraine
Наукові записки НаУКМА: Економічні науки, 2017 The article provides a theoretical analysis of the factors influencing the formation of economic expectations in Ukraine with an introduction of the main sectors that concentrate the informational signals necessary in the process of rational expectations
Pavlo Leshchenko
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Do carrier expectations indicate industry structure in container shipping? An econometric analysis
Journal of Shipping and Trade, 2020 In the competitive environment of liner shipping, the ability to nimbly adjust shipping capacity to demand could mean the difference between a thriving shipping operation and one that will most likely fail.
Michael Fusillo, Hercules Haralambides
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Rational expectations and the Cournot-Theocharis problem
Discrete Dynamics in Nature and Society, 2006 In dynamic models in economics, often “rational expectations” are assumed. These are meant to show that the agents can correctly foresee the result of their own and the other agents' actions. In this paper, it is shown that this cannot happen in a simple
Tönu Puu
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Faces of the phenomenon of expectations [PDF]
Соціологія, 2023 The article examines the vision of the phenomenon of expectations in the works of sociologists. For this purpose, an analysis of the works of M. Weber, T. Parsons, A. Schutz, V. Vroom, H. Heckhausen, N. Luhmann, P. Berger, Th. Luckmann, Y.
Mykola Shulga
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Investigating Causing Relation earning per share and Future Return to Existing Rational Intrinsic Bubble of Listed Companies in Tehran Stock Exchange [PDF]
مطالعات تجربی حسابداری مالی, 2016 Considering the important role of stock market in economic development, finding this fact that whether price increases is due to fundamental elements or not can help a country’s policy makers to direct the capital market to right direction.Therefore ...
مهسا فرخنده +2 more
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