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- W1569770046 abstract "This paper provides a statistical reason and strong econometric evidence for supporting the adaptive expectations hypothesis in economics. It points out why the rational expectations hypothesis was embraced by the economics profession without sufficient evidence. Finally it will summarize the conditions under which these two competing hypotheses can be used effectively." @default.
- W1569770046 created "2016-06-24" @default.
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- W1569770046 date "2011-09-01" @default.
- W1569770046 modified "2023-09-27" @default.
- W1569770046 title "Usefulness of Adaptive and Rational Expectations in Economics" @default.
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