Angeletos, Marios; Pavan, Alessandro - In: Theoretical economics : TE ; an open access journal in … 8 (2013) 3, pp. 883-938
nevertheless identify useful predictions that are robust across all equilibria and that could not have been delivered in the common … used to deliver probabilistic predictions that an outside observer---an econometrician---can form under arbitrary … equilibrium selections. The sharpness of these predictions improves as the noise gets smaller, but disappears in the complete …