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Price Behavior Under Alternative Forms of Price Expectations

George S. Fishman

The Quarterly Journal of Economics, 1964, vol. 78, issue 2, 281-298

Abstract: Introduction, 281. — Relatively perfect price knowledge, 285. — Equilibrium price expectation, 286. — The cobweb theorem, 289. — Adaptive expectations hypothesis, 291. — Rational expectations hypothesis, 294. — Conclusions and observations, 297.

Date: 1964
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