ID - 843414 TI - Individual forecasting and aggregate outcomes : "rational expectations" examined AU - Frydman, Roman AU - Phelps, Edmund S. PY - 1983 SN - 0521257441 0521310954 0511625766 9780521310956 9780521257442 9780511625763 PB - Cambridge : Cambridge University Press, DB - UniCat KW - Rational expectations (Economic theory) KW - Equilibrium (Economics) KW - Equilibre (Economie politique) KW - Congresses KW - Congrès KW - 330.105 KW - -Rational expectations (Economic theory) KW - -Expectations, Rational (Economic theory) KW - Economic forecasting KW - Time and economic reactions KW - Uncertainty KW - Wiskundige economie. Wiskundige methoden in de economie KW - -Wiskundige economie. Wiskundige methoden in de economie KW - 330.105 Wiskundige economie. Wiskundige methoden in de economie KW - -330.105 Wiskundige economie. Wiskundige methoden in de economie KW - Expectations, Rational (Economic theory) KW - Congrè€s KW - Congresses. KW - Business, Economy and Management KW - Economics KW - Rational expectations (Economic theory) - Congresses. KW - Equilibrium (Economics) - Congresses. KW - Rational expectations (Economic theory) - Congresses KW - Equilibrium (Economics) - Congresses UR - https://www.unicat.be/uniCat?func=search&query=sysid:843414 AB - Growing out of a conference on Expectations Formation and Economic Disequilibrium held in New York City in 1981, the papers in this volume provide a complex view of market processes in which individual rationality is no guarantee of convergence to the 'correct' model and the equilibrium coordination of agents' plans. They reject the 'optimality' argument for the rational expectations hypothesis, opening the door to other hypotheses of optimal expectations of agents in the decentralized market economy. ER -