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100 | 1 |
_aDEQUECH, David _933439 |
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245 | 1 | 0 | _aUncertainty, conventions and short-term expectatios |
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_aSão Paulo : _bEditora 34, _cjul./set. 1999 |
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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 |
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_a20080111 _b1400^b _cMariana |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25436 _d25436 |
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