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On the fragility of sunspot equilibria under learning and evolutionary dynamics

Berardi, Michele - In: Journal of economic behavior & organization : JEBO 112 (2015), pp. 251-265

Persistent link: https://www.econbiz.de/10011399380

Time-varying policy rule under learning

Berardi, Michele - In: Economics letters 129 (2015), pp. 25-28

Persistent link: https://www.econbiz.de/10011421863

Risk preference and stability under learning

Georges, Christophre - In: Economics letters 132 (2015), pp. 105-108

Persistent link: https://www.econbiz.de/10011431413

Learning dynamics with data (quasi-)differencing

Kuang, Pei - 2015

Persistent link: https://www.econbiz.de/10010533002

Expectations formation under adaptive learning and evolutionary dynamics

Berardi, Michele - 2015

Persistent link: https://www.econbiz.de/10011311183

Learning in cobweb experiments

Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - 2003

from individual expectations. Subjects have no information about underlying market equilibrium equations, but can learn by … stable treatment, rational expectations (RE) yield a good description of observed aggregate price fluctuations: prices remain …

Persistent link: https://www.econbiz.de/10011333266

Empirical calibration of adaptive learning

Berardi, Michele; Galimberti, Jaqueson K. - 2015

Adaptive learning introduces persistence in the evolution of agents' beliefs over time. For applied purposes this is a convenient feature to help explain why economies present sluggish adjustments towards equilibrium. The pace of learning is directly determined by the gain parameter, which...

Persistent link: https://www.econbiz.de/10011316387

On the plausibility of adaptive learning in macroeconomics : a puzzling conflict in the choice of the representative algorithm

Berardi, Michele; Galimberti, Jaqueson K. - 2012

Persistent link: https://www.econbiz.de/10009663558

Inflation targeting in a learning economy : an ABM perspective

Salle, Isabelle; Yıldızoğlu, Murat; Sénégas, … - In: Economic modelling 34 (2013), pp. 114-128

Persistent link: https://www.econbiz.de/10010363731

Adaptive learning and survey data

Markiewicz, Agnieszka; Pick, Andreas - 2014

Persistent link: https://www.econbiz.de/10010237296

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