Research Article

Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis

Volume: 10 Number: 1 June 30, 2025
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Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis

Abstract

Artificial intelligence (AI) significantly impacts the analysis of economic rationality by processing large data sets and optimizing complex decision-making processes. Traditional economic theory assumes agents make consistent, rational decisions, but this is not always feasible due to unknowns in solving complex problems. AI's real-time analysis and predictive capabilities can improve accuracy and efficiency, adapting to changing conditions and new data. However, AI models can be biased and lack human skepticism, leading to erroneous analyses and the "black box problem" of unexplained decision-making processes. Despite these limitations, AI can enhance utility-maximizing decisions by offering a more objective view. Yet, reliance on AI could diminish confidence in human decision-making, creating a dependency. This paper explores AI's role in economic rationality as both an opportunity and a risk.

Keywords

References

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Details

Primary Language

English

Subjects

Applied Economics (Other)

Journal Section

Research Article

Early Pub Date

May 27, 2025

Publication Date

June 30, 2025

Submission Date

March 4, 2025

Acceptance Date

May 8, 2025

Published in Issue

Year 2025 Volume: 10 Number: 1

APA
Yılmaz, S., Syed, H., Özbay, R. D., & Katterbauer, K. (2025). Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis. JOEEP: Journal of Emerging Economies and Policy, 10(1), 1-9. https://izlik.org/JA56RS36ML
AMA
1.Yılmaz S, Syed H, Özbay RD, Katterbauer K. Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis. JOEEP. 2025;10(1):1-9. https://izlik.org/JA56RS36ML
Chicago
Yılmaz, Sema, Hassan Syed, Rahmi Deniz Özbay, and Klemens Katterbauer. 2025. “Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis”. JOEEP: Journal of Emerging Economies and Policy 10 (1): 1-9. https://izlik.org/JA56RS36ML.
EndNote
Yılmaz S, Syed H, Özbay RD, Katterbauer K (June 1, 2025) Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis. JOEEP: Journal of Emerging Economies and Policy 10 1 1–9.
IEEE
[1]S. Yılmaz, H. Syed, R. D. Özbay, and K. Katterbauer, “Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis”, JOEEP, vol. 10, no. 1, pp. 1–9, June 2025, [Online]. Available: https://izlik.org/JA56RS36ML
ISNAD
Yılmaz, Sema - Syed, Hassan - Özbay, Rahmi Deniz - Katterbauer, Klemens. “Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis”. JOEEP: Journal of Emerging Economies and Policy 10/1 (June 1, 2025): 1-9. https://izlik.org/JA56RS36ML.
JAMA
1.Yılmaz S, Syed H, Özbay RD, Katterbauer K. Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis. JOEEP. 2025;10:1–9.
MLA
Yılmaz, Sema, et al. “Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis”. JOEEP: Journal of Emerging Economies and Policy, vol. 10, no. 1, June 2025, pp. 1-9, https://izlik.org/JA56RS36ML.
Vancouver
1.Sema Yılmaz, Hassan Syed, Rahmi Deniz Özbay, Klemens Katterbauer. Rational Expectations Hypothesis: AI’s Impact on Rationality Analysis. JOEEP [Internet]. 2025 Jun. 1;10(1):1-9. Available from: https://izlik.org/JA56RS36ML

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