理性预期，或者叫做理性预期假说，一个经济学的假说，人们针对某个经济现象（例如市场价格）进行的预期，是理性的 ...

Rational Expectations' is a problematic theory in economics. Here I want to focus more away from economics; and more on the meanings of 'rationality' in decision-making, than on the problematic ...

Rational expectation is often thought of as a school of economic thought and there have been criticisms on the lagging monetary policy and fiscal deficits. Are monetary and fiscal policy in the US ...

Enter rational expectations theory, an idea first introduced by economist John Muth in the 1960s and later popularized by Robert Lucas. It challenged earlier economic theories by advocating that ...

in Hall J and Phillips P C B eds., Essays in economics and econometrics, Basil Blackwell, 1993 Leave your details above if you would like to receive emails containing the latest thought leadership, ...

Value-oriented ideas and special situations, generally mid/small cap. Also, orphaned and unfashionable investment ideas, ideally with a catalyst and the prospect of asymmetric upside/downside ...

agreed, there should be no expectation that litfi claims follow a stochastic normal distribution. burford can selectively trim claims at the low end no longer worthwhile, while keeping lower odds ...

But why does this happen, and how do rational expectations lead us into a bubble-filled frenzy? This article unpacks the nuances of overvaluation by focusing on three key components – the herd ...

Numerous polls have shown investor sentiment to be highly bullish. That brings us to the principle of rational expectations – an economic theory that suggests individuals make decisions based on ...