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Rational Expectations and Weekly Price Variations of the Queensland Mud Crab

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  • Strong, S.M.

Abstract

By using tidal and seasonal fluctuations, the suppliers of mud crabs appear to form price predictions which differ from realized equilibrium prices by a purely random term.

Suggested Citation

  • Strong, S.M., 1985. "Rational Expectations and Weekly Price Variations of the Queensland Mud Crab," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 53(03), pages 1-8, December.
  • Handle: RePEc:ags:remaae:12512
    DOI: 10.22004/ag.econ.12512
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    References listed on IDEAS

    as
    1. Sargent, Thomas J, 1981. "Interpreting Economic Time Series," Journal of Political Economy, University of Chicago Press, vol. 89(2), pages 213-248, April.
    2. Hansen, Lars Peter & Sargent, Thomas J., 1980. "Formulating and estimating dynamic linear rational expectations models," Journal of Economic Dynamics and Control, Elsevier, vol. 2(1), pages 7-46, May.
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    Resource /Energy Economics and Policy;

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