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Volumn 38, Issue 4, 2002, Pages 483-508

Convergence of Bayesian learning to general equilibrium in mis-specified models

Author keywords

Bayesian learning; Conjectural equilibrium; Disequilibrium theory; Global stability; Oligopolistic price setting

Indexed keywords


EID: 0036900626     PISSN: 03044068     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-4068(02)00062-9     Document Type: Article
Times cited : (12)

References (18)
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    • Arrow, K.J.1
  • 4
    • 0002930340 scopus 로고
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  • 5
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    • Bray,M., Kreps, D., 1987. Rational learning and rational expectations. In: Feiwell, G. (Ed.), Arrow and the Ascent of Modern Economic Theory. New York University Press, New York.
    • (1987) Arrow and the Ascent of Modern Economic Theory
    • Bray, M.1    Kreps, D.2
  • 6
    • 0000184783 scopus 로고
    • Rational expectations equilibria, learning, and model specification
    • Bray,M., Savin, N.E., 1986. Rational expectations equilibria, learning, and model specification. Econometrica 54.
    • (1986) Econometrica , vol.54
    • Bray, M.1    Savin, N.E.2
  • 8
    • 0000264859 scopus 로고
    • Controlling a Stochastic Process with Unknown Parameters
    • Easley, D., Kiefer, N.M., 1988. Controlling a Stochastic Process with Unknown Parameters. Econometrica 56.
    • (1988) Econometrica , vol.56
    • Easley, D.1    Kiefer, N.M.2
  • 11
    • 0000221289 scopus 로고
    • Rational learning leads to Nash equilibrium
    • Kalai, E., Lehrer, E., 1993. Rational learning leads to Nash equilibrium. Econometrica 61 (5).
    • (1993) Econometrica , vol.61 , Issue.5
    • Kalai, E.1    Lehrer, E.2
  • 13
    • 0001561085 scopus 로고
    • Optimal control of an unknown linear process with learning
    • Kiefer, N.M., Nyarko, Y., 1989. Optimal control of an unknown linear process with learning. International Economic Review 30 (3).
    • (1989) International Economic Review , vol.30 , Issue.3
    • Kiefer, N.M.1    Nyarko, Y.2
  • 14
    • 0040422966 scopus 로고
    • Learning by firms about demand conditions
    • Day, R. (Ed.), Academic Press, New York
    • Kirman, A.P., 1975. Learning by firms about demand conditions. In: Day, R. (Ed.), Adaptive Economics. Academic Press, New York.
    • (1975) Adaptive Economics
    • Kirman, A.P.1
  • 15
    • 0042359730 scopus 로고
    • Mistaken beliefs and resultant equilibria
    • Frydman, R., Phelps, E. (Eds.), Cambridge University Press, Cambridge
    • Kirman, A.P., 1983. Mistaken beliefs and resultant equilibria. In: Frydman, R., Phelps, E. (Eds.), Individual Forecasting and Collective Outcomes. Cambridge University Press, Cambridge.
    • (1983) Individual Forecasting and Collective Outcomes
    • Kirman, A.P.1
  • 16
    • 0011935742 scopus 로고
    • Learning in oligopoly: Theory, simulation, and experimental evidence
    • Kirman, P.A., Salmon, M. (Eds.), Blackwell, Oxford
    • Kirman, A.P., 1995. Learning in oligopoly: theory, simulation, and experimental evidence. In: Kirman, P.A., Salmon, M. (Eds.), Learning and Rationality in Economics. Blackwell, Oxford.
    • (1995) Learning and Rationality in Economics
    • Kirman, A.P.1
  • 17
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    • Learning in mis-specified models and the possibility of cycles
    • Nyarko, Y., 1991. Learning in mis-specified models and the possibility of cycles. Journal of Economic Theory 55.
    • (1991) Journal of Economic Theory , vol.55
    • Nyarko, Y.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.