LIBROS DEL AUTOR: markus zenner

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  • Learning to Become Rational
    Markus Zenner
    1. 1 Rational Expectations and Learning to Become Rational A characteristic feature of dynamic economic models is that, if future states of the economy are uncertain, the expectations of agents mat­ ter. Producers have to decide today which amount of a good they will produce not knowing what demand will be tomorrow. Consumers have to decide what they ...
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