Rational behavior and rational expectations

DOI10.1016/0022-0531(90)90036-JMaRDI QIDQ753623zbMATH OpenOpenAlexFDO

Authors Patrick H. McAllister

Publication date 1990

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0022-0531(90)90036-j

zbMATH Keywords

rational expectations equilibriumsecurity markets

Mathematics Subject Classification ID

Utility theory (91B16) General equilibrium theory (91B50)

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Cites work

• scientific article; zbMATH DE number 3562121 (Why is no real title available?)
• A note on 'fulfilled expectations' equilibria
• Agreeing to disagree
• An Axiomatic Characterization of Common Knowledge
• An Introduction to the Theory of Rational Expectations Under Asymmetric Information
• Approximate equilibria in microeconomic rational expectations models
• Convergence of least squares learning mechanisms in self-referential linear stochastic models
• Correlated Equilibrium as an Expression of Bayesian Rationality
• Equilibrium in incomplete markets. I: A basic model of generic existence
• Generic Existence of Completely Revealing Equilibria for Economies with Uncertainty when Prices Convey Information
• Information, trade and common knowledge
• On existence and non-existence of proper, regular, conditional distributions
• On the existence of rational expectations equilibrium
• On the optimality of equilibrium when the market structure is incomplete
• Partially-revealing rational expectations equilibrium in a competitive economy
• Rational Expectations Equilibria, Learning, and Model Specification
• Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices
• Rational behavior and rational expectations
• Rational expectations in microeconomic models: An overview
• Rationalizability and Correlated Equilibria
• Rationalizable Strategic Behavior
• Rationalizable Strategic Behavior and the Problem of Perfection
• The existence of fully rational expectations approximate equilibria with noisy price observations

Cited in

(17)

• Rational behavior with payoff uncertainty
• Rationality and bounded rationality
• scientific article; zbMATH DE number 3943502 (Why is no real title available?)
• Rationalizable expectations and sunspot equilibria in an overlapping-generations economy
• Corporate financial hedging with proprietary information
• Asset pricing in an intertemporal partially-revealing rational expectations equilibrium.
• Understanding probabilistic expectations -- a behavioral approach
• Rational expectations equilibrium: An alternative approach
• The rationality of expectations formation
• A note on Futia (1981)'s non-existence pathology of rational expectations equilibria
• Rational behavior and rational expectations
• Should sophisticated expectations facilitate reaching equilibrium behavior?
• The revelation of information and self-fulfilling beliefs
• Das Konzept rationaler Preiserwartungen
• Dropping rational expectations
• scientific article; zbMATH DE number 590997 (Why is no real title available?)
• Common knowledge of rationality and market clearing in economies with asymmetric information

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