Market Anticipations, Rational Expectations, and Bayesian Analysis (Q3048542)

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Market Anticipations, Rational Expectations, and Bayesian Analysis
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    Market Anticipations, Rational Expectations, and Bayesian Analysis (English)
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    1978
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    market anticipations
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    rational expectations
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    Bayesian analysis
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    game theoretic model
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    stability of self-fulfilling equilibrium
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    competitive market
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    exogeneous stochastic demand
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    limiting Nash equilibrium decision rule
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    existence and convergence of Nash-equilibrium
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    continuum of firms
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    general equilibrium analysis
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