This chapter provides a survey of the recent work on learning in the context of macroeconomics. Learning has several … roles. First, it provides a boundedly rational model of how rational expectations can be achieved. Secondly, learning acts … as a selection device in models with multiple REE (rational expectations equilibria). Third, the learning dynamics …

feature of the model is that learning operates in both the demand for assets and the supply of credit. Interactions between … propagation. In contrast, the paper shows why learning involving only one side on the market, which has been the focus of most of …

This note extends Wiseman [6] to more general reputation games with exogenous learning. Using Gossner's [4] relative …

In this article, we investigate the possibility of sunspot equilibria to emerge from a process of learning and …

nonfinancial returns to adoption, one's own learning and social learning, technological externalities, scale economies, schooling …

correlated learning may render it optimal to enter markets sequentially – an investment in market A is only followed by entry in …, we identify correlated learning across markets beyond alternative explanations as a key driver of gradualism in the …