The first and most optimistic response was complete…

Lucas attended a conference on rational expectations at the University of Minnesota in the spring of 1973. The day after the conference, I received…

— Thomas J. Sargent

I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant I considered…

— George Soros

It seems to me that at least as far as the financial markets are concerned, there is increasing evidence against rational expectations, even at…

— Kenneth Arrow

Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by…

— Robert J. Shiller

When you look at any experimental work not directly related to economics, but trying to test rational behavior in other ways, experiments have conspicuously…

— Kenneth Arrow

Have rational expectations for future returns and avoid changing those expectations in response to the ephemeral noise coming from Wall Street.

— John C. Bogle

There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of…

— Thomas J. Sargent

In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if…

— Thomas J. Sargent

The military profession, especially is the long-established great powers, is deeply pessimistic about the likelihood that people and countries will behave well under stress.…

— Gwynne Dyer

...The likelihood of treatment (of any one patient) increases with the length of time since the origin of the disease. ...Those cases in which…

— Hardin B. Jones

Smart tech investor thinks about: a) future product roadmap, b) bottoms-up market size & growth, c) talent and skill of team. Essentially you are…

— Marc Andreessen

Role modeling is the most basic responsibility of parents. Parents are handing life's scripts to their children, scripts that in all likelihood will be…

— Stephen Covey

It is false to say that what we don’t know can’t hurt us, especially when it comes to the Bible. If ever there were…

— R. C. Sproul, Jr

[We need to ] select immigrants based on their likelihood of success in U.S. society and their ability to be financially self- sufficient.

— Donald Trump

There's more likelihood of Ian Paisley being the next pope, than of me agreeing to a fix or a stitch-up.

— Rhodri Morgan