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Laypeople, experts and expectation formation

Author

Listed:
  • Luiz Rogério de Camargos

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.

Suggested Citation

  • Luiz Rogério de Camargos, 2011. "Laypeople, experts and expectation formation," Brazilian Journal of Political Economy, Center of Political Economy, vol. 31(1), pages 98-117.
  • Handle: RePEc:ekm:repojs:v:31:y:2011:i:1:p:98-117:id:394
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/394/385
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    More about this item

    Keywords

    expectation; rational expectation; methodological individualism; reflexive modernity; economic knowledge; social network;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations

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