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Learning Foundation for the Cursed Equilibrium

Author

Listed:
  • Topi Miettinen

    () (SITE, Stockholm School of Economics)

Abstract

Recent literature has questioned the existence of a learning foundation for the partially cursed equilibrium. This paper closes the gap by showing that a partially cursed equilibrium corresponds to a particular analogy-based expectation equilibrium.

Suggested Citation

  • Topi Miettinen, 2008. "Learning Foundation for the Cursed Equilibrium," Jena Economic Research Papers 2008-096, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2008-096
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    File URL: http://www2.wiwi.uni-jena.de/Papers/jerp2008/wp_2008_096.pdf
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    More about this item

    Keywords

    Analogy Expectations; Bounded Rationality; Curse; Learning;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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