Error learning behaviour and stability revisited

DOI10.1016/j.jedc.2004.01.002zbMath1202.91158OpenAlexW2168788580MaRDI QIDQ953751

Domenico Colucci, Vincenzo Valori

Publication date: 6 November 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2004.01.002

zbMATH Keywords

bounded rationalitylearning dynamicsadaptive expectationsconvergence to rational expectationsleast squares learning

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50) Rationality and learning in game theory (91A26)

Related Items (3)

Ways of learning in a simple economic setting: A comparison ⋮ Error learning behaviour and stability revisited ⋮ Learning and time-varying macroeconomic volatility

Cites Work

• Adaptive learning and roads to chaos. The case of the cobweb
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• Is error learning behaviour stabilizing?
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• Chaotic learning equilibria
• Global stability in spite of local instability with learning
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• Dynamics of Temporary Equilibria and Expectations
• A Rational Route to Randomness
• Expectations Formation and Stability of Large Socioeconomic Systems
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