Laypeople, experts and expectation formation

Vol. 31 No. 1 (2011)

Jan-Mar / 2011
Published January 1, 2011
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Camargos, Luiz Rogério de. 2011. “Laypeople, Experts and Expectation Formation”. Brazilian Journal of Political Economy 31 (1):98-117. https://centrodeeconomiapolitica.org/repojs/index.php/journal/article/view/394.

Laypeople, experts and expectation formation

Luiz Rogério de Camargos
Departamento de Economia da Universidade Federal de Sergipe.
Brazilian Journal of Political Economy, Vol. 31 No. 1 (2011), Jan-Mar / 2011, Pages 98-117

Abstract

 This article is a critical discussion, under the light of expectation formation, of the relation that interposes between economic science as body of knowledge and its agents.

JEL Classification: A14; B4; D84.


Keywords: expectation rational expectation methodological individualism reflexive modernity economic knowledge social network