A consistent route to randomness

DOI10.1016/j.jet.2009.05.008zbMath1202.91159OpenAlexW3121750422MaRDI QIDQ848623

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

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

Related Items (3)

Rational thinking under costly information-macroeconomic implications ⋮ On growing through cycles: Matsuyama's M-map and Li-Yorke chaos ⋮ Living in an imaginary world that looks real

Cites Work

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• Expectations Formation and Stability of Large Socioeconomic Systems
• Growing Through Cycles
• Local Convergence of Recursive Learning to Steady States and Cycles in Stochastic Nonlinear Models
• Inattentive Producers

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