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12-016/1 - Individual Expectations, Limited Rationality and Aggregate Outcomes


  • Authors
    Te Bao, University of Amsterdam; Cars Hommes, University of Amsterdam; Joep Sonnemans, University of Amsterdam; Jan Tuinstra, University of Amsterdam
  • Publication date
    February 17, 2012
  • Keywords
    Expectation feedback, under- and overreaction, strategic substitutes and strategic complements, heuristic switching model, experimental economics
  • JEL
    C92, G14, D84, D83, E37