rational expectation
collocation in Englishmeaningsofrationalandexpectation
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withexpectation.
rational
adjective
uk/ˈræʃ.ən.əl/us/ˈræʃ.ən.əl/
based on clear thought ...
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expectation
noun
uk/ˌek.spekˈteɪ.ʃən/us/ˌek.spekˈteɪ.ʃən/
the feeling that good things are going to happen in ...
See more atexpectation
(Definition ofrationalandexpectationfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofrational expectation
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
The findings are useful because they allow to evaluate the accuracy of various approximation methods to nonlinearrationalexpectationmodels.
From theCambridge English Corpus
Such a 'rationalexpectation' assumption is very difficult to satisfy for international environmental issues.
From theCambridge English Corpus
One of these is agents'rationalexpectationthat change will take time.
From theCambridge English Corpus
For simplicity, therefore, let us consider the case ofrationalexpectation.
From theCambridge English Corpus
It is supposed to operate through therationalexpectationof those who read it.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
And that is therationalexpectation.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It is what is called arationalexpectationmodel.
From This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
The results show that stationary rational expectations equilibria of this model are unstable under this type of evolutionary adaptation.
From theCambridge English Corpus
Higher discount rates bend supply backward more to generate multiple steady-state rational expectations equilibria.
From theCambridge English Corpus
Optimal policy under adaptive learning displays some similarity with optimal policy under commitment in the rational expectations setting.
From theCambridge English Corpus
Some of these issues, like rational expectations, time consistency, and implicit contracts, later became very popular in the profession.
From theCambridge English Corpus
Agents would then prefer to infer the value of information directly from this quantity, rather than making costly rational expectations computations.
From theCambridge English Corpus
Within rational expectations equilibria, such a statement is not even meaningful.
From theCambridge English Corpus
Besides forming rational expectations, agents in our model experiment with various other expectations strategies that are computationally cheaper than rational expectations.
From theCambridge English Corpus
One of these problems is due to the fact that economic models may exhibit multiple rational expectations solutions.
From theCambridge English Corpus
As we exclude rational expectations, the firm reinforces the innovation strategies that have yielded the highest cost reduction in the past.
From theCambridge English Corpus
This consensus exploded at the beginning of the seventies with the advent of rational expectations.
From theCambridge English Corpus
In this analysis, output shocks are deterministic rather than stochastic, and thus the assumption of rational expectations of the wage setters implies perfect foresight.
From theCambridge English Corpus
However, in several papers, you have been critical of the rational expectations hypothesis and the assumption of unbounded rationality that pervades modern mainstream macroeconomics.
From theCambridge English Corpus
Moreover, there is some tension in the rational expectations account of regime change.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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