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The Accuracy of Forecasts: A Market Equilibrium Analysis

B. Peter Pashigian

The Quarterly Journal of Economics · 1974 · Volume 88 · Issue 1

DOI: 10.2307/1881795

Abstract

Some features of the theory 86. — Expected profits of the firm, 88. — Optimal accuracy of forecasts, 91. — Market equilibrium, 92. — Comparative statics, 92. — Conclusion, 96.

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