Learning in economic systems with expectations feedback
"Recently economists have more and more focussed on scenarios in which agents' views of the world may be erroneous. These notes introduce the concept of perfect forecasting rules which provide best least-squares predictions along the evolution of an economic system. The framework for nonpa...
Main Author: | Wenzelburger, Jan. |
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Other Authors: | SpringerLink (Online service) |
Format: | eBook |
Language: | English |
Published: |
Berlin ; New York :
Springer,
©2006.
Berlin ; New York : [2006] |
Physical Description: |
1 online resource (x, 176 pages) : illustrations. |
Series: |
Lecture notes in economics and mathematical systems ;
555. |
Subjects: |
CMU Electronic Access
Electronic Resource Click HereLocation | Call Number: | Status |
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CMU Electronic Access | Available |