a) With regard to share markets, contrast adaptive expectations and rational expectations by outlining the features of
Fantastic news! We've Found the answer you've been seeking!
Question:
a) With regard to share markets, contrast adaptive expectations and rational expectations by outlining the features of each.(3 marks)
Adaptive Expectations:
Rational Expectations:
b)In what circumstances might the adaptive expectations model provide a reasonable forecast of price movements going forward?(1 mark)
Posted Date: