Learning in Economic Systems with Expectations Feedback: 555 (Lecture Notes in Economics and Mathematical Systems)

Learning in Economic Systems with Expectations Feedback: 555 (Lecture Notes in Economics and Mathematical Systems)

by JanWenzelburger (Author)

Synopsis

Economists have more and more focused on scenarios in which agents' views of the world may be erroneous. This work includes notes which introduce the concept of perfect forecasting rules that provide best least-squares predictions along the evolution of an economic system.

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More Information

Format: Paperback
Pages: 192
Edition: 2006
Publisher: Springer Berlin Heidelberg
Published: 10 Oct 2008

ISBN 10: 3540243224
ISBN 13: 9783540243229