Rational expectations is the idea that people rationally anticipate the future and respond today to what they see ahead. This concept was pioneered by Nobel Laureate, Robert E. Lucas, Jr.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). rational expectations. Retrieved September 30, 2026, from http://smartdefine.org/rational_expectations/definitions/1161777 |
| Chicago | Barry Goldsmith. 2010. "rational expectations" http://smartdefine.org/rational_expectations/definitions/1161777 (accessed September 30, 2026). |
| Harvard | Barry Goldsmith 2010, rational expectations, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/rational_expectations/definitions/1161777>. |
| MLA | Barry Goldsmith. "rational expectations" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/rational_expectations/definitions/1161777> |