The partially cursed and the analogy-based expectation equilibrium
AbstractRecent literature has established a link between the fully cursed equilibrium and the analogy-based expectation equilibrium. In this note, even the partially cursed equilibrium is shown to correspond to an analogy-based expectation equilibrium.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 105 (2009)
Issue (Month): 2 (November)
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Web page: http://www.elsevier.com/locate/ecolet
Analogy expectations Bounded rationality Curse Learning;
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