Rational Expectations

Concept

A theory suggesting people form expectations about the future based on all available information, not just past events.

Mentioned in 1 video

Videos Mentioning Rational Expectations

Chapter 2: Fiscal Policy and Inflation with John Cochrane | LFHSPBC

Chapter 2: Fiscal Policy and Inflation with John Cochrane | LFHSPBC

PolicyEd

A theory suggesting people form expectations about the future based on all available information, not just past events.