Global stability in spite of "local instability" with learning
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References listed on IDEAS
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- George W. Evans & Seppo Honkapohja, 1998.
"Economic Dynamics with Learning: New Stability Results,"
Review of Economic Studies,
Oxford University Press, vol. 65(1), pages 23-44.
- George W. Evans & Seppo Honkapohja, . "Economic Dynamics with Learning: New Stability Results," Computing in Economics and Finance 1997 51, Society for Computational Economics.
- Woodford, Michael, 1990.
"Learning to Believe in Sunspots,"
Econometric Society, vol. 58(2), pages 277-307, March.
- Marcet, Albert & Sargent, Thomas J., 1989. "Convergence of least squares learning mechanisms in self-referential linear stochastic models," Journal of Economic Theory, Elsevier, vol. 48(2), pages 337-368, August.
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