How Do the Elderly Form Expectations? An Analysis of Responses to New Information
Published Date
Copyright 1990
ISBN 0226902978
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Copy CitationB. Douglas Bernheim, Issues in the Economics of Aging (University of Chicago Press, 1990), chap. 9, https://www.nber.org/books-and-chapters/issues-economics-aging/how-do-elderly-form-expectations-analysis-responses-new-information.
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Working Paper
In this paper, I outline and test a simple theory that describes the evolution of expectations concerning social...