noun
rational expectations hypothesis
An economic theory that people form expectations about the future based on all available information and that these expectations are, on average, correct.
See also: 合理的期待仮説
合理的期待形成仮説は、マクロ経済学で重要な役割を果たす。
The rational expectations hypothesis plays an important role in macroeconomics.
A shorter form of the same term; 合理的期待形成仮説 explicitly includes 形成 (formation), emphasizing the process of forming expectations.
Compound of 合理的 (rational), 期待 (expectations), 形成 (formation), and 仮説 (hypothesis). A direct translation of the English economic term 'rational expectations hypothesis'.