Learning with Heterogeneous Expectations in an Evolutionary World

  • Eran A. Guse
  • Published 2003


This paper studies a game theoretic model where agents choose between two updating rules to predict a future endogenous variable. Agents rationally choose between these predictors based on relative performance. Conditions for evolutionary stability and stability under learning are found for the Nash solutions and corresponding parameter equilibria… (More)


5 Figures and Tables

Slides referencing similar topics