000 01412naa a2200205uu 4500
001 8011114001519
003 OSt
005 20190212105958.0
008 080111s1999 bl ||||gr |0|| 0 por d
100 1 _aDEQUECH, David
_933439
245 1 0 _aUncertainty, conventions and short-term expectatios
260 _aSão Paulo :
_bEditora 34,
_cjul./set. 1999
520 3 _aContrasting different views on the topic, this article examines whether short-term expectations involve uncertainty, arguing in favour of an affirmative answer and thus invalidating any association with the rational or adaptive expectations hypotheses. It is then argued that the presence of uncertainty precludes any tendency towards equilibrium. After the notion of the state of short-term expectations is introduced, this conclusion is affirmed to be valid even if one considers that producers often follow conventional behaviour. Defending the view that uncertainty should be considered as gradable, the article maintains that conventions reduce but do not eliminate uncertainty
590 _aRevista de Economía Política 1999
590 _av. 19, n. 3(75)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g19, 3 , p. 67-81
_dSão Paulo : Editora 34, jul./set. 1999
_xISSN 01013157
_w
942 _cS
998 _a20080111
_b1400^b
_cMariana
998 _a20140207
_b1115^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25436
_d25436
041 _apor