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Your search for "rational expectations equilibrium" over the article keywords returned 53 results.

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1. large games (structural robustness)

In strategic games with many semi-anonymous players all the equilibria are structurally robust. The equilibria survive under structural alterations of ...

By Ehud Kalai. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. stocks and flows

The essence of stock–flow analyses of individual or market behaviour is an explicit recognition of the interdependence of current production, consumption ...

By Glenn W. Harrison. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. perfect foresight

Perfect foresight is an occasionally convenient theoretical assumption whose total lack of realism is undisputed, and perhaps unrivalled. There are two ...

By Margaret Bray. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. information aggregation and prices

Economists commonly interpret market-clearing prices as the signals that competitive markets transmit to economic agents to facilitate the efficient allocation ...

By James Jordan. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. indicative planning

Indicative planning aims to coordinate private and public investment and output plans through forecasts or targets. Compliance is voluntary. The underlying ...

By Klaus Nielsen. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. expectations

The modelling of economic expectations is central to economics. Expectations of future economic conditions can be represented in econometric models by ...

By Robert J. Shiller. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. self-confirming equilibria

Self-confirming equilibria are limiting outcomes of purposeful interactions among a collection of adaptive agents, each of whom averages past data to ...

By In-Koo Cho and Thomas J. Sargent. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. uncertainty and general equilibrium

This article reviews alternative approaches to incorporating uncertainty in Walrasian models. It begins with a sketch of the Arrow–Debreu model of complete ...

By Mukul Majumdar and Roy Radner. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. Farrell, Michael James (1926–1975)

M.J. Farrell was born in 1926 and read Politics, Philosophy and Economics at New College, Oxford, graduating with First Class Honours. He moved to Cambridge ...

By Christopher Bliss. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. time consistency of monetary and fiscal policy

Why do even benevolent policymakers frequently break their promises? Kydland and Prescott (1977) discovered that, when outcomes depend on expectations, ...

By Paul Klein. From The New Palgrave Dictionary of Economics, Second Edition, 2008