Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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Now, under homogeneity these expectations of others’ expectations collapsed into single, shared,
objectively determined expectations. Under heterogeneity, however, not only is there no objective means
by which others’ dividend expectations can be known, but attempts to eliminate the other unknowns, the
price expectations, merely lead to the repeated iteration of subjective expectations of subjective
expectations (or equivalently, subjective priors on others’ subjective priors)—an infinite regress in
subjectivity. Further, this regress may lead to instability: If investor i believes that others believe future
prices will increase, he may revise his expectations to expect upward-moving prices. If he believes that
others believe a reversion to lower values is...
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