Chaotic learning equilibria

DOI10.1006/JETH.1999.2509MaRDI QIDQ1961361zbMATH OpenOpenAlexFDO

Authors Martin Schönhofer

Publication date 17 January 2000

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1006/jeth.1999.2509

zbMATH Keywords

chaotic temporary equilibrium trajectories

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Special types of economic markets (including Cournot, Bertrand) (91B54) Stochastic learning and adaptive control (93E35)

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Cites work

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• Expectations Formation and Stability of Large Socioeconomic Systems
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Cited in

(17)

• Chaos in the cobweb model with a new learning dynamic
• Learning equilibria
• Rational thinking under costly information-macroeconomic implications
• Ergodic chaos, learning and sunspot equilibrium
• A family production overlapping generations economy
• Learning to believe in simple equilibria in a complex OLG economy -- evidence from the lab
• scientific article; zbMATH DE number 1281931 (Why is no real title available?)
• Endogenous reactivity in a dynamic model of consumer's choice
• Chaos in learning a simple two-person game
• POLICY INTERACTION, LEARNING, AND THE FISCAL THEORY OF PRICES
• MEAN VARIANCE PREFERENCES, EXPECTATIONS FORMATION, AND THE DYNAMICS OF RANDOM ASSET PRICES
• Adaptive learning and complex dynamics
• A reappraisal of fundamentalists in a cobweb model with heterogeneous agents
• A consistent route to randomness
• On learning equilibria
• Error learning behaviour and stability revisited
• A dynamic model of a boundedly rational consumer with a simple least squared learning mechanism

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