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| Author: | Schönhofer, M. |
| Title: | Chaotic learning equilibria |
| Journal: | Journal of Economic Theory
1999 : NOV, VOL. 89:1, p. 1-20 |
| Index terms: | EQUILIBRIUM ANALYSIS LEARNING CHAOS FORECASTING ECONOMETRICS |
| Language: | eng |
| Abstract: | This study shows that chaotic temporary equilibrium trajectories under least squares learning exist. These trajectories show forecast errors that never vanish. |
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