A consistent route to randomness

DOI10.1016/J.JET.2009.05.008zbMATH Open1202.91159OpenAlexW3121750422MaRDI QIDQ848623FDOQ848623

Authors Maciej K. Dudek 

Publication date 4 March 2010

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

Full work available at URL https://doi.org/10.1016/j.jet.2009.05.008

zbMATH Keywords

chaoscostly information acquisitionconsistent equilibriaendogenous instabilityrational selection over expectations

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) General equilibrium theory (91B50) Economic dynamics (91B55)

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Cites Work

• scientific article; zbMATH DE number 1281936 (Why is no real title available?)
• A Rational Route to Randomness
• Chaotic learning equilibria
• Comparing random and deterministic time series
• Expectational diversity in monetary economies
• Expectations Formation and Stability of Large Socioeconomic Systems
• Growing Through Cycles
• Inattentive Producers
• Intrinsic heterogeneity in expectation formation
• Knowing What Others Know: Coordination Motives in Information Acquisition
• Learning equilibria
• Local Convergence of Recursive Learning to Steady States and Cycles in Stochastic Nonlinear Models
• On Endogenous Competitive Business Cycles
• The law of large numbers with a continuum of i.i.d. random variables

Cited In (5)

• On growing through cycles: Matsuyama's M-map and Li-Yorke chaos
• Living in an imaginary world that looks real
• Present random computations in a uniform way
• Demuth's path to randomness
• Rational thinking under costly information-macroeconomic implications

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