Showing 1,481 - 1,490 of 1,552
This paper makes two points. First, the modeling used in the rational (or Bayesian) learning literature can be generalized to handle the repeated shocks to preferences inherent and implicit in models of quantal response equilibria (QRE). In particular, we note that the Bayesian model and the QRE...
Persistent link: https://www.econbiz.de/10005611707
Persistent link: https://www.econbiz.de/10005611708
Persistent link: https://www.econbiz.de/10005611709
Persistent link: https://www.econbiz.de/10005611710
Persistent link: https://www.econbiz.de/10005611711
Persistent link: https://www.econbiz.de/10005611712
This paper derives an indirect production function that is, in a special case, of a constant elasticity of substitution form. This is not a contribution to the theory of aggregation generally. Instead it is a microfoundation for a specific but popular production function -- the CES-- that helps...
Persistent link: https://www.econbiz.de/10005611713
Persistent link: https://www.econbiz.de/10005611714
Persistent link: https://www.econbiz.de/10005611715
Persistent link: https://www.econbiz.de/10005611716