Learnability and equilibrium selection under indeterminacy

DOI10.1016/J.JEDC.2008.02.006MaRDI QIDQ2654409zbMATH OpenOpenAlexFDO

Authors Yasuo Hirose

Publication date 19 January 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2008.02.006

zbMATH Keywords

equilibrium selectionexpectational stabilityindeterminacylearningrational expectations

Mathematics Subject Classification ID

Rationality and learning in game theory (91A26) Economic dynamics (91B55)

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Cites work

• Can indeterminacy resolve the cross-country correlation puzzle?
• Comparing four models of aggregate fluctuations due to self-fulfilling expectations
• Computing sunspot equilibria in linear rational expectations models
• Real business cycles and the animal spirits hypothesis
• Solving linear rational expectations models
• The Solution of Linear Difference Models under Rational Expectations

Cited in

(6)

• Multiple equilibria and selection by learning in an applied setting
• Task Complexity, Equilibrium Selection, and Learning: An Experimental Study
• scientific article; zbMATH DE number 7626775 (Why is no real title available?)
• Learning Preferences Under Noise and Loss Aversion: An Optimization Approach
• Learning non-rational expectations equilibria
• Adjustment costs, learning, and indeterminacy

Describes a project that uses

Uses Software

• Gensys

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