Compare adaptive expectations and rational expectations

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Reference no: EM13827296

Problems:

Compare and contrast ‘adaptive expectations' (Hubbard uses adaptive expectations) and ‘rational expectations' in modeling expectations.

Additional Information:

The problem is related to economics and it is explain the Hubbard's ‘adaptive expectations' in modeling expectations are discussed in the answer.

Word Limits: 100

Reference no: EM13827296

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