In this note, a class of nonlinear dynamic models under rational expectations is studied. A particular solution is found using a model reference adaptive technique via an extended Kalman filtering algorithm, for which initial conditions knowledge only is required.

In this paper, we generalize the lattice theoretical comparative statics by Li Calzi and Veinott, and Milgrom and Shannon. While their theorem is constructed on lattices, particularly on partially ordered sets, we do not require the antisymmetry on a binary relation defined on the set. On the...

The purpose of this paper is to generalize the incomplete contract model of Bajari and Tadelis (2001) into a continuous model, and to derive the condition under which the monotone comparative statics (MCS) methods can be applied. I will show that a type of single-crossing condition on the...