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Recursive expectations approach in policymaking

The primary contribution of modern economics to policy analysis may be the recognition of the crucial role of expectations in policy intervention. The essence of expectations is to think about others’ thinking. We argue that policymakers need recursive thinking, that is, the ability to think about t...

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Detalles Bibliográficos
Autor principal: Kobayashi, Keiichiro
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Nature Singapore 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10169135/
http://dx.doi.org/10.1007/s42495-023-00108-w

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