Responses to a survey that my colleague Karl Case and I conducted in 1988 during the US boom revealed that casual word of mouth transmission of emotional excitement played a big role in purchasing decisions.

The choice of Bernanke, an accomplished scholar, apparently reflected Bush s acceptance of the public s expectation of a first rate appointee.

Buyers were influenced by strong expectations about future price increases, and they perceived little risk.

But pessimism about the potential of human genome research to yield medical breakthroughs has arisen from unrealistic expectations.

The price of oil at any time depends on market participants expectations about future supply and demand.

An Age of Diminished Expectations?

The Summit of Low Expectations

We haven't lived up to expectations.

The Inspectors Have Failed Us

He fell short of our expectation.

He did not live up to expectations.

They occur in times of rising expectations.

It is the government s job to stabilize expectations.

After much anticipation, it has finally happened.

The story soon grew beyond my expectations.

Economists from VTB Capital do not share the expectations of the government s financial economic bloc regarding inflation, and forecast an increase in prices of around 8 in 2014.

Nevertheless, there is some concern that growing inflationary expectations might result in rising long term interest rates, offsetting the benefits of the stimulus.

With no pan Asian security architecture expected to emerge in the near future, the West s departure from the region is generating a security vacuum.

Again, maintaining realistic expectations must be paramount.

Globalization does not get much better than this, right?

Everything will be within the context and our expectations.

But Joulani's announcement didn't actually meet his group's expectations.

In fact, neither expectation was fulfilled.

His idealism needs to be tempered by the limits of American power.

The Fed has, however, succeeded in enhancing expectations of inflation in the US.

Cultivating high expectations without progress could even be dangerous.

If we didn't satisfy your expectations, that's your problem.

Everything is relative.

Wealth is relative.

in diameter.

But the equity price rise is likely to fizzle out over time if economic growth disappoints, as is likely, and drags down expectations about corporate revenues and profitability.

Only that change in private expectations will make the bank's policy effective.

In economic terms, the world is entering an era of diminished expectations.

Keynes emphasized the flimsiness of the expectations on which economic activity in decentralized markets is based.

Successful change will require clear expectations and much effort on all sides.

The role of expectations makes the oil market very different from most others.

Excited anticipation is at its peak in Jamaica on the eve of the Olympic Games in Rio.

I was relatively lucky.

It's relatively early.

It's relatively simple.

Corporate profits are bursting at the seams of investors expectations in virtually every corner of the world.

Ending the insurrection will also require better government, whatever the low expectations of business leaders.

These developments cannot be explained in terms of efficient markets and rational expectations.

Share prices may serve as a kind of proxy for the expectations and attitudes of businessmen.

This phenomenon is relatively new.