Rötheli, Tobias F.

Expectations, rationality and economic performance : models and experiments / Tobias F. Rötheli. - x, 202 pages: illustrations ; 24 cm.

Includes bibliographical references (p. 180-192) and index.

Markets and expectations -- Expected utility maximization -- Effects of heterogeneous expectations -- Forecasting among alternative strategies under uncertainty -- Expectations in time series models -- Costly information and decision making -- Applied welfare economics with boundedly rational expectations -- Pattern recognition as basis of expectations -- Pattern-based expectations and financial markets -- Anticipation and coordination failures -- Money, transactions and expectations.

9781845427429 (hardcover)

2006-037095


Rational expectations (Economic theory)--Mathematical models.