Results 1 - 10 for Self-confirming equilibrium

Drew Fudenberg David K Levine 19930101 Self Confirming Equilibrium

http://www.dklevine.com/papers/sce.pdf
open  pop

Self-Confirming Equilibrium and the Lucas Critique1
Self-Confirming Equilibrium and the Lucas Critique 1 Drew Fudenberg and David K. Levine 2 First Version: January 14, 2007, This Version: August 6, 2007 Prepared for the Conference ...
http://www.dklevine.com/papers/lucas.pdf
open  pop

Notes on Sequential and Self Confirming Equilibrium
For any two nodes x y, the partial path fromxtoyis denoted and defined as [x,y]:={w 2X: x w y}. By definition, there is only one partial path fromxtoy.
http://levine.sscnet.ucla.edu/econ201/sces.pdf
open  pop

ESCAPINGNASH INFLATION
Key Words: Self-confirming equilibrium, mean dynamics, escape route, large deviation, natural rate of unemployment, adaptation, experimenta- tiontrap.
http://www.clevelandfed.org/research/conferences/2001/february/csw16.pdf
open  pop

Learning to Playa Satisfaction Equilibrium
While self-confirming equilibrium is a very interesting concept and worth consideration, we note that when an agent faces unknown agents and does not observe the other agents' actions ...
http://www.cs.cmu.edu/~sross1/publications/Ross-Satisfaction-EMCWorkshopIJCAI07.pdf
open  pop

Payoff Information and Self-Confirming Equilibrium1
1 1. Introduction Suppose, as is now common, that we interpret equilibrium in a game as a steady state of some non-equilibrium process of adjustment and "learning."
http://econ.tau.ac.il/papers/foerder/9-1999.pdf
open  pop

Max Weber Lecture Series
I see a self-confirming equilibrium working here. Eventually, some atypical policy experiments generated data with sufficient variance in price levels and money supplies to ...
http://cadmus.eui.eu/dspace/bitstream/1814/9028/1/MWP_LS_08_08.pdf
open  pop

IMPACTS OF PRIORS ON CONVERGENCE AND ESCAPES FROM NASH INFLATION
The self-confirming equilibrium outcome equals the time-consistent outcome. A simple calculation shows that Belief 1 supports a self-confirming equilibrium and that the self ...
http://homepages.nyu.edu/~ts43/research/sw24.pdf
open  pop

Impacts of Priors on Convergence and Escapes from Nash Inflation
A self-confirming equilibrium (SCE) isa∞andaprobability distribution for ( U n;… n;x n; ˆ x n) that satisfies (2.2), (2.3), (2.4), (2.8) and for which (2.12) g ( ∞ ) = Eg ( ∞;» n ...
http://www.frbatlanta.org/news/conferen/williams.pdf
open  pop

Learning and Belief Based Trade1
The idea of self-confirming equilibrium is that we do not require that players beliefs about what they did not see opponents do be correct. However, there is no general theorem ...
http://time.dufe.edu.cn/article/fudenberg/20.pdf
open  pop

Featured Results: