The revelation of information and self-fulfilling beliefs

DOI10.1006/jeth.1996.2234zbMath0886.90045OpenAlexW2067902002MaRDI QIDQ1357427

O. Diekmann

Publication date: 10 June 1997

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

Full work available at URL: https://semanticscholar.org/paper/3ea94bd8281e66114a23c4eb6d99f450362d2868

zbMATH Keywords

rational expectations equilibriumself-fulfilling beliefscommon beliefs equilibria

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Economics of information (91B44)

Related Items (14)

Partially revealing rational expectations equilibrium with real assets and binding constraints ⋮ Time-inconsistent preferences in a general equilibrium model ⋮ Extrinsic uncertainty and the informational role of prices ⋮ On endogenous formation of price expectations ⋮ An equilibrium analysis of information aggregation and fluctuations in markets with discrete decisions. ⋮ Common knowledge of rationality and market clearing in economies with asymmetric information ⋮ Trade and revelation of information ⋮ Endogenous probabilities and the information revealed by prices ⋮ Information, trade and incomplete markets ⋮ Aggregation, determinacy, and informational efficiency for a class of economies with asymmetric information ⋮ Partial revelation within rational expectations ⋮ Dropping rational expectations ⋮ Notes on sequence economies, transaction costs, and uncertainty ⋮ Two-period economies with price-contingent deliveries

Cites Work

• Partially-revealing rational expectations equilibrium in a competitive economy
• Rational behavior and rational expectations
• The existence of fully rational expectations approximate equilibria with noisy price observations
• Correlated equilibria and sunspots
• On the existence of rational expectations equilibrium
• A note on 'fulfilled expectations' equilibria
• Asset markets and the information revealed by prices
• Correlated Equilibrium as an Expression of Bayesian Rationality
• Rationalizability and Correlated Equilibria
• Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices
• Generic Existence of Completely Revealing Equilibria for Economies with Uncertainty when Prices Convey Information
• Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies
• Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets

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