Evans, George W.; Honkapohja, Seppo - In: Handbook of macroeconomics : volume 1, part A, (pp. 449-542). 1999
attention is given to learning in models with multiple equilibria. The methodological tool is to set up the economic system … under learning as a SRA (stochastic recursive algorithm) and to analyze convergence by the method of stochastic … presented. For a wide range of solutions to economic models the stability conditions for REE under statistical learning rules …