Price Behavior Under Alternative Forms of Price Expectations
The Quarterly Journal of Economics · 1964 · Volume 78 · Issue 2
Abstract
Introduction, 281. — Relatively perfect price knowledge, 285. — Equilibrium price expectation, 286. — The cobweb theorem, 289. — Adaptive expectations hypothesis, 291. — Rational expectations hypothesis, 294. — Conclusions and observations, 297.
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