Laypeople, experts and expectation formation
Brazilian Journal of Political Economy, Vol. 31 No. 1 (2011), Jan-Mar / 2011, Pages 98-117
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