Survey Evidence on the Rationality of Business Expectations: Implications from the Malaysian Agricultural Sector
The rational expectations hypothesis (REH) serves as an appealing mechanism in forming expectations compared to that of extrapolative or adaptive frameworks because of its consistency with the basic principles of maximizing behavior. This argument is particularly true as the basic idea of REH mainta...
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| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
Universiti Malaysia Sarawak, (UNIMAS)
2012
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/3239/1/Survey%20evidence.pdf http://ir.unimas.my/id/eprint/3239/ |
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