Survey Evidence on the Rationality of Business Expectations: Implications from the Malaysian Agricultural Sector

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Survey Evidence on the Rationality of Business Expectations: Implications from the Malaysian Agricultural Sector

The rational expectations hypothesis (REH) serves as an appealing mechanism in forming expectations compared to that of extrapolative or adaptive frameworks because of its consistency with the basic principles of maximizing behavior. This argument is particularly true as the basic idea of REH mainta...

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Bibliographic Details
Main Authors:	Wong, Shirly Siew-Ling, Puah, Chin-Hong, Shazali, Abu Mansor
Format:	Working Paper
Language:	English
Published:	Universiti Malaysia Sarawak, (UNIMAS) 2012
Subjects:	HB Economic Theory S Agriculture (General)
Online Access:	http://ir.unimas.my/id/eprint/3239/ http://ir.unimas.my/id/eprint/3239/1/Survey%20evidence.pdf

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