Paglia found that VCs expected their median investment returns to be about 42%, based on their expectations for how fast their portfolio companies would grow and how long VCs expected to fund them before a sale or an IPO.
But they do so based on their expectations of future trends in supply and demand, not on whims.
Tony and Joey Goldman have chosen their properties based on their expectations about how the neighborhood would evolve, the elder Mr. Goldman said.
Perhaps most importantly, because monetary policy works slowly, officials are calibrating policy based on their expectations about what the economy will need next year and the year after that.
According to Allen Morrison, a spokesman for Mr. Weitzman, Mr. Levinson explained how the pharmacists might apply for "tax reductions on their commercial properties, which are based on their expectations of lowered income".
The decision on what part of inventories to hedge is based on their expectations relating to return from holding hedged and unhedged inventories in storage, given the cost incurred in both forms of inventory holding.
Scandinavian central banks such as Norges Bank and the Swedish Riksbank also provide a type of loose guidance to the extent that they publish forecasts for official interest rates, based on their expectations for economic growth and inflation.
Since the decisions made by firms and individuals are usually based on their expectations for the future, and because all future states cannot be known with certainty, a discussion on the expectation cannot be avoided in principle.
I stopped listening to all those well intentioned people who wanted me to live my life based on their expectations and opinions and shoulds.
Trading with multiple partners following different rules is characteristic of human economics; individuals make decisions based on their expectations regarding partners' responses.
