Stability properties for learning with heterogeneous expectations and multiple equilibria
From MaRDI portal
Publication:956458
DOI10.1016/J.JEDC.2004.08.010zbMATH Open1198.91160OpenAlexW2116498186MaRDI QIDQ956458FDOQ956458
Authors: Eran A. Guse
Publication date: 25 November 2008
Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)
Full work available at URL: http://hdl.handle.net/10138/16899
Recommendations
- CONVERGENCE OF ADAPTIVE LEARNING AND EXPECTATIONAL STABILITY: THE CASE OF MULTIPLE RATIONAL-EXPECTATIONS EQUILIBRIA
- Determinacy and stability under learning of rational expectations equilibria
- Least-Squares Learning and the Stability of Equilibria with Externalities
- Learning and stability of the Bayesian-Walrasian equilibrium
- Learning and equilibrium transitions: stochastic stability in discounted stochastic fictitious play
- Stability of learning dynamics in two-agent, imperfect-information games
- Learning in games with unstable equilibria
- Stability of competitive equilibrium with respect to recursive and learning processes
- Expectational Stability and the Multiple Equilibria Problem in Linear Rational Expectations Models
- Stochastic Stability of Perturbed Learning Automata in Positive-Utility Games
Macroeconomic theory (monetary models, models of taxation) (91B64) Stochastic learning and adaptive control (93E35) Heterogeneous agent models (91B69)
Cites Work
- Convergence in monetary inflation models with heterogeneous learning rules
- A Rational Route to Randomness
- Rational Expectations Equilibria, Learning, and Model Specification
- Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations
- Self-fulfilling prophecies
- Learning with bounded memory in stochastic models
- Expectational Stability and the Multiple Equilibria Problem in Linear Rational Expectations Models
- Sunspots and Cycles
- Title not available (Why is that?)
- Title not available (Why is that?)
- Least squares learning with heterogeneous expectations
- On the Robustness of Bubbles in Linear RE Models
- CONVERGENCE OF ADAPTIVE LEARNING AND EXPECTATIONAL STABILITY: THE CASE OF MULTIPLE RATIONAL-EXPECTATIONS EQUILIBRIA
Cited In (16)
- Stability of competitive equilibrium with respect to recursive and learning processes
- LEARNING FROM THE EXPECTATIONS OF OTHERS
- Heterogeneous Learning Dynamics and Speed of Convergence
- Temporary equilibrium dynamics with Bayesian learning
- Adaptive expectations coordination in an economy with heterogeneous agents
- Popularity of reinforcement-based and belief-based learning models: an evolutionary approach
- Two destabilizing strategies may be jointly stabilizing
- The stability of macroeconomic systems with Bayesian learners
- Dynamics of beliefs and learning under \(a_{L}\)-processes -- the heterogeneous case
- Heterogeneity and misspecifications in learning
- Fundamentalists vs. chartists: learning and predictor choice dynamics
- E-stability and stability of adaptive learning in models with private information
- Monetary policy and learning from the central bank's forecast
- Intrinsic heterogeneity in expectation formation
- A New Keynesian model with heterogeneous expectations
- Adaptive learning, endogenous uncertainty, and asymmetric dynamics
This page was built for publication: Stability properties for learning with heterogeneous expectations and multiple equilibria
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q956458)