Heterogeneous Learning Dynamics and Speed of Convergence
Work
Year: 2012
Type: article
Abstract: In a simple, forward looking linear stochastic model we investigate the impact of heterogeneity in expectations formation on the speed of convergence of the learning process of agents towards equilibr... more
Author Michele Berardi
Institution University of Manchester
Cites: 8
Cited by:
Related to: 10
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Subfield: Economics and Econometrics
Domain: Social Sciences
Sustainable Development Goal Reduced inequalities
Open Access status: green