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Rational Expectations and Economic Policy
STUDI ECONOMICI, 2010The introduction of rational expectations in the 1970s undermined the classical theory of economic policy laid down by Tinbergen, Theil and others. Since then rational expectations are often used as a strong argument against policy activism. However, rational expectations do not always imply policy invariance, although sometimes it happens. In fact, in
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Rationalism and Anti-Rationalism in the Origins of Economics
This major new study of the philosophical roots of economics examines the impact on eighteenth century economic thought of the rivalry between two opposing philosophical outlooks: rationalism and anti-rationalism. The economic thought of this period, William Coleman argues, was a synthesis of these two outlooks.openaire +2 more sources
International Journal of Environmental Research and Public Health, 2022
Runde Gu, Dongdong Li, Shan Gu
exaly
Runde Gu, Dongdong Li, Shan Gu
exaly
Economic Theory and the Hypothesis of Rationality
1987In this paper, I want to disentangle some of the senses in which the hypothesis of rationality is used in economic theory. In particular, I want to stress that rationality is not a property of the individual alone, although it is usually presented that way. Rather, it gathers not only its force but also its very meaning from the social context in which
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Development and validation of a smoking rationalization scale for male smokers in China
Journal of Health Psychology, 2020Haiying Zhang, Hua Fu, Ding Ding
exaly
The Elgar Companion to Economics and Philosophy aims to demonstrate exactly how these two important areas have always been linked, and to illustrate the key areas of overlap. The contributors are well-known and distinguished authors from a variety of disciplines, who have been invited both to survey and to provide a personal assessment of current and ...
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