Showing 31 - 40 of 536
Persistent link: https://www.econbiz.de/10001488418
Persistent link: https://www.econbiz.de/10001497088
Persistent link: https://www.econbiz.de/10003211076
Persistent link: https://www.econbiz.de/10009127741
This essay links some of my own work on expectations, learning and bounded rationality to the inspiring ideas of Jean-Michel Grandmont. In particular, my work on consistent expectations and behavioral learning equilibria may be seen as formalizations of JMG's ideas of self-fulfilling mistakes....
Persistent link: https://www.econbiz.de/10011590425
Persistent link: https://www.econbiz.de/10011850356
This survey discusses behavioral and experimental macroeconomics emphasizing a complex systems perspective. The economy consists of boundedly rational heterogeneous agents who do not fully understand their complex environment and use simple decision heuristics. Central to our survey is the...
Persistent link: https://www.econbiz.de/10011929804
Persistent link: https://www.econbiz.de/10012542608
Persistent link: https://www.econbiz.de/10011974124
Persistent link: https://www.econbiz.de/10000804718