Showing 1 - 10 of 24
Persistent link: https://www.econbiz.de/10000953413
Persistent link: https://www.econbiz.de/10002110950
Persistent link: https://www.econbiz.de/10002115359
Persistent link: https://www.econbiz.de/10002116244
Persistent link: https://www.econbiz.de/10002198363
Persistent link: https://www.econbiz.de/10002198539
Persistent link: https://www.econbiz.de/10003229312
Persistent link: https://www.econbiz.de/10003229344
This paper studies a class of Markov models which consist of two components. Typically, one of the components is observable and the other is unobservable or 'hidden'. Conditions under which (a form of) geometric ergodicity of the unobservable component is inherited by the joint process formed of...
Persistent link: https://www.econbiz.de/10002465203
In Young (1993, 1998) agents are recurrently matched to play a finite game and almost always play a myopic best reply to a frequency distribution based on a sample from the recent history of play. He proves that in a generic class of finite n-player games, as the mutation rate tends to zero,...
Persistent link: https://www.econbiz.de/10001600008