Title of article :
Learning with limited bandwidth and attention to othersʹ learning
Author/Authors :
Thomas E. Cone، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
I present E-stability results for a model in which bandwidth-limited agents revise their expectations while monitoring othersʹ expectations. I find that under a certain condition, and regardless of the structure of attention to othersʹ expectations, the REE is E-stable.
Keywords :
Economic dynamics , Expectations , Learning , Limited bandwidth
Journal title :
Economics Letters
Journal title :
Economics Letters