In a capitalist system, consumers, investors, and corporations orient their activities toward a
future that contains opportunities and risks. How actors assess uncertainty is a problem that …

Uncertain Futures considers how economic actors visualize the future and decide how to act
in conditions of radical uncertainty. It starts from the premise that dynamic capitalist …

Starting from the assumption that decision situations in economic contexts are characterized
by fundamental uncertainty, the paper argues that the decision-making of intentionally …

Human beings make decisions with an eye to the future. They plan for a rainy day, or act
now in ways designed to make it easier to feed themselves and their offspring over the next …

Starting from the assumption that decision situations in economic contexts are characterized
by fundamental uncertainty, this article argues that the decision-making of intentionally …

A gripping history of the pioneers who sought to use science to predict financial markets The
period leading up to the Great Depression witnessed the rise of the economic forecasters …

Investment and all other economic actions depend on'subjective'expectations. The problem
is how to construct a theory of expectations that assumes people interpret their situations in …

Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of
2008 to question some fundamental assumptions about risk management and economic …

Political economy and economic sociology have developed in relative isolation from each
other. While political economy focuses largely on macro phenomena, economic sociology …

Rational expectations and econometric practice Page 1 Rational Expecta*’*' and"" Robert E.
Lucas, Jr. and Thomas J. Sargent, editors Page 2 Rational Expectations and Econometric …