In economics, adaptive expectations is a hypothesized process by which people form their expectations about what will happen in the future based on what...

Friedman and others used the ad hoc updating rule which they labeled adaptive expectations to forecast the hidden state y* (e.g., permanent income). In a 1960...

Rational expectations theories were developed in response to perceived flaws in theories based on adaptive expectations. Under adaptive expectations, expectations...

reasonable, but this backward-looking forecasting (which is called adaptive expectations) turns out to be crucial for the model's fluctuations. When farmers...

Great Expectations is the thirteenth novel by English author Charles Dickens and his penultimate completed novel. The novel is a bildungsroman and depicts...

major approaches to modeling the formation of inflation expectations. Adaptive expectations models them as a weighted average of what was expected one...

efficiency adheres to the proposition of the adaptive market hypothesis. Adaptive expectations Adaptive Investment Approach Agent-based computational...

future. Following the generally accepted theory of adaptive expectations, such inflationary expectations arise because of persistent past experience with...

can only revise their expectations in a backward-looking way. Under adaptive expectations, agents do not revise their expectations even if the government...

as a determinant of consumption, as suggested by the theory of adaptive expectations), variable inclusion was mostly determined on purely empirical grounds...

Lucas introduced rational expectations to macroeconomics. Prior to Lucas, economists had generally used adaptive expectations where agents were assumed...

influences, which is primarily responsible for crashes. In "adaptive learning" or "adaptive expectations" models, investors are assumed to be imperfectly rational...

level can raise the inflation rate over longer periods, due to adaptive expectations and the price/wage spiral, so that a supply shock can have persistent...

Great Expectations is a 2012 film adaptation of Charles Dickens' 1861 novel of the same name. The film was directed by Mike Newell, with the adapted screenplay...

elaborated a new approach in which rational expectations were presumed instead of the Friedmanian adaptive expectations. Due to this reformulation, the story...

example, Friedman postulated adaptive expectations, while Lucas assumed his economic agents to be able to form rational expectations. For both of them, money...

of agent-based computational economics (ACE) if the agents have adaptive expectations (see artificial financial market), or into the category of dynamic...

agricultural markets called the cobweb model, based on production lags and adaptive expectations. In his model, when prices are high, more investments are made....

Pip, is the protagonist and narrator in Charles Dickens's novel Great Expectations (1861). He is amongst the most popular characters in English literature...

rational expectations; and was at the forefront of what came to be known as the 'rational expectations revolution'. At this time adaptive expectations was...

the framework of the Phillips curve. Milton Friedman, assuming adaptive expectations, distinguished a series of short-run Phillips curves and a long-run...

models (the peak-end model, extrapolative expectations model, adaptive expectations model, and rational expectations model), the peak-end model is the most...

decisions on expectations about the future. However, until the 1970s, most models relied on adaptive expectations, which assumed that expectations were based...

Great Expectations is a six-part historical drama series developed by Steven Knight, based on the 1861 novel by Charles Dickens. It premiered on BBC One...

complex to coordinate multiple actors into creating new institutions Adaptive expectations: actors may expend resources on an institution over another because...

Best Adapted Screenplay is the Academy Award for the best screenplay adapted from previously established material. The most frequently adapted media...

topics: Absence rate – Accountancy – Accounting reform – Actuary – Adaptive expectations – Adverse selection – Agent (economics) – Agent-based computational...

[citation needed] One problem with assessments of adaptive behavior is that a behavior that appears adaptive in the short run can be maladaptive in the long...

as a determinant of consumption, as suggested by the theory of adaptive expectations), variable inclusion was mostly determined on purely empirical grounds...

an individual's use of income is parallel to their past income (adaptive expectations) or corresponding to other people (reference people). Therefore...