Stochastic gradient learning in the cobweb model

DOI10.1016/S0165-1765(98)00176-1zbMath0913.90044WikidataQ126311452 ScholiaQ126311452MaRDI QIDQ1274427

Seppo Honkapohja, George W. Evans

Publication date: 12 January 1999

Published in: Economics Letters (Search for Journal in Brave)

zbMATH Keywords

stabilityadaptive learningbounded rationality

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (9)

Fat tails arise endogenously from supply/demand, with or without jump processes ⋮ Adaptive learning with a unit root: an application to the current account ⋮ On the initialization of adaptive learning in macroeconomic models ⋮ A stochastic cobweb dynamical model ⋮ Ways of learning in a simple economic setting: A comparison ⋮ Error learning behaviour and stability revisited ⋮ Determinacy and stability under learning of rational expectations equilibria ⋮ A cobweb model with gradient adjustment mechanism: nonlinear dynamics and multistability ⋮ E-stability vis-a-vis determinacy results for a broad class of linear rational expectations models

Cites Work

• Unnamed Item
• Unnamed Item
• Convergence of least squares learning mechanisms in self-referential linear stochastic models
• Least mean squares learning in self-referential linear stochastic models
• Rational Expectations Equilibria, Learning, and Model Specification
• Economic Dynamics with Learning: New Stability Results
• Analysis of recursive stochastic algorithms
• Adaptive Learning with Nonlinear Dynamics Driven by Dependent Processes
• CONVERGENCE OF ADAPTIVE LEARNING AND EXPECTATIONAL STABILITY: THE CASE OF MULTIPLE RATIONAL-EXPECTATIONS EQUILIBRIA

This page was built for publication: Stochastic gradient learning in the cobweb model