• May 25, 2026 Bounded Rationality In Macroeconomics The Arne Ryde Memorial Lectures Clarendon Paperbacks bilities, and preferences, leading to more nuanced macro phenomena such as persistent unemployment or inflation inertia. --- Implications for Macroeconomic Phenomena Business Cycles and Fluctuations Bounded rationality offers a compelling explanation for the persistence and By Saige Jaskolski
