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John F Muth And The Emergence Of The Notion Of Rational Anticipations
[John F. Muth Et L’Émergence De La Notion D’Anticipations Rationnelles]

Author

Listed:
  • Alain Béraud

    (THEMA - Théorie économique, modélisation et applications - UCP - Université de Cergy Pontoise - Université Paris-Seine - CNRS - Centre National de la Recherche Scientifique)

Abstract

This communication tries to solve three enigmas. Why the article where Muth develops his analysis of the rational anticipations was ignored for so long? Why Muth seemed to lose interest in his idea when its was finally discussed? The notion of rational anticipations is used in several domains of the political economy: the game theory, the macroeconomics and the theory of financial markets efficiency. Why the similarity of these approaches was ignored for so long?

Suggested Citation

  • Alain Béraud, 2016. "John F Muth And The Emergence Of The Notion Of Rational Anticipations [John F. Muth Et L’Émergence De La Notion D’Anticipations Rationnelles]," Post-Print hal-01353832, HAL.
  • Handle: RePEc:hal:journl:hal-01353832
    Note: View the original document on HAL open archive server: https://auf.hal.science/hal-01353832
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    Keywords

    Rational Expectations; John F. Muth; New Classical School; Efficient Markets; Marchés efficients; Anticipations rationnelles; Nouvelle école classique;
    All these keywords.

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