> My just comment is that we should not use "irrational expectations" > term in this discuss, because nobody, for sure know the > difference between rationality and irrationality of human beigns. > regards; > santosh
I'm just using the phrase "irrational expectations" in a sense similar to how many economists would use it: not the expected utility of the activity. Like I said in my post, don't take the words to seriously. Fabio
