differences help also in in understanding ho individual learning and adaptation take place under different market architectures …

learning processes in economics. We argue that learning is an ubiquitous characteristic of most economic and social systems but … stemming from out-of-equilibrium interactions. We present, by means of examples, the most important classes of learning models … understand about learning...'. We put a signifiphasis on learning models in their bare-bone formal structure, but we also refer …

theme in Joe Stiglitz monumental work, namely, the analysis of economies characterised by persistent learning and … major themes, namely, the consequences of learning and dynamic increasing returns, and "Keynesian" coordination failures …

̈ive learning rules. In fact, more sophisticated, e.g. recursive least squares (RLS) expectations produce less accurate …

differences help also in in understanding ho individual learning and adaptation take place under different market architectures …. -- Fish markets ; market institutions ; aggregation ; learning …

theme in Joe Stiglitz monumental work, namely, the analysis of economies characterised by persistent learning and … major themes, namely, the consequences of learning and dynamic increasing returns, and "Keynesian" coordination failures …