network strategy and belief. The learning is modelled as an evolving network process i.e. a local network of agents, with non …

establishing certain features of monetary policy rules that facilitate learning, a comprehensive treatment of policy design for … learnability has yet to surface, especially for cases in which agents have potentially misspecified their learning models. This … learning true reduced forms of the economy is subject to potentially destabilizing errors. We then ask: can a central bank set …

trading period the agents use reinforcement learning to update their bids on the basis of past experience. We are using our …