Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
  1. Home
  2. Books
  3. The Evolving Rationality of Rational Expectations
  • Cited by 75
Publisher:
Cambridge University Press
Online publication date:
December 2009
Print publication year:
1998
Online ISBN:
9780511528514
DOI:
https://doi.org/10.1017/CBO9780511528514
Subjects:
Economics, Economic Thought, Philosophy and Methodology, History, History of Ideas and Intellectual History
Series:
Historical Perspectives on Modern Economics
  • 66.99 (USD)
    Digital access for individuals
    (PDF download and/or read online)
    Add to cart
    Added to cart
    Digital access for individuals
    (PDF download and/or read online)
    View cart
  • Export citation
  • Buy a print copy
  • Recommend to librarian
Information

Book description

Inspired by recent developments in science studies, this book offers an innovative type of analysis of the recent history of rational expectations economics. In the course of exploring the multiple dimensions of rational expectations analysis, Professor Sent focuses on the work of Thomas Sargent, an instrumental pioneer in the development of this school of thought. The investigation attempts to avoid a Whiggish history that sees Sargent's development as inevitably progressing to better and better economic analysis. Instead, it provides an illustration of what happened to the approach through a contextualization of Sargent's work vis-á-vis that of other scholars and ideas. The treatment aims to illuminate some of the shifting negotiations and alliances that characterize the rise and shift of direction in rational expectations economics. The Evolving Rationality of Rational Expectations won the 1998 Gunnar Myrdal Prize of the European Association for Evolutionary Political Economy for the best monograph on a theme broadly in accord with the EAEPE Theoretical Perspectives.

Awards

The Evolving Rationality of Rational Expectations won the 1998 Gunnar Myrdal Prize of the European Association for Evolutionary Political Economy for the best monograph on a theme broadly in accord with the EAEPE Theoretical Perspectives

Reviews

‘There is no similarly detailed and complete study of any major figure in the new classical economics. Professor Sent clearly knows a great deal about her subject and is able to convey a great deal to the reader.’

Kevin D. Hoover - University of California, Davis

‘Sent’s book is like no other work in the history of economic thought. The subject matter is contemporary macroeconomic theory, and the dominant themes are symmetry, reflexivity, and the interest-ladenness of scientific theory. It is a fascinating story: provocative as well as compelling.’

D. Wade Hands - University of Paget Sound

‘[A] magnificent assessment of Sargent’s theoretical achievements.’

M.M.G. Fase Source: De Economist

Refine List

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
Cancel
×

Contents

Contents

Metrics

Altmetric attention score

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Book summary page views

Total views: 0 *
Loading metrics...

* Views captured on Cambridge Core between #date#. This data will be updated every 24 hours.

Usage data cannot currently be displayed.