Showing 1 - 10 of 1,975
are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …
Persistent link: https://www.econbiz.de/10011515836
Persistent link: https://www.econbiz.de/10014471767
Persistent link: https://www.econbiz.de/10010380939
Persistent link: https://www.econbiz.de/10011339379
Persistent link: https://www.econbiz.de/10011897730
This essay links some of my own work on expectations, learning and bounded rationality to the inspiring ideas of Jean …-Michel Grandmont. In particular, my work on consistent expectations and behavioral learning equilibria may be seen as formalizations of … JMG's ideas of self-fulfilling mistakes. Some of our learning-to-forecast laboratory experiments with human subjects have …
Persistent link: https://www.econbiz.de/10011590425
Persistent link: https://www.econbiz.de/10011850356
Persistent link: https://www.econbiz.de/10012584742
Equilibrium notions for games with unawareness in the literature cannot be interpreted as steady-states of a learning … interpreted as steady-state of both a discovery and learning process. …
Persistent link: https://www.econbiz.de/10012509154
Persistent link: https://www.econbiz.de/10012818844