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- W1515045228 abstract "We show that a rational expectations equilibrium need not be incentive compatible, need not be implementable as a perfect Bayesian equilibrium and may not be fully Pareto optimal, unless the utility functions are state independent. A comparison of rational expectations equilibria with core concepts is also provided." @default.
- W1515045228 created "2016-06-24" @default.
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- W1515045228 date "2004-02-01" @default.
- W1515045228 modified "2023-09-27" @default.
- W1515045228 title "Non-implementation of Rational Expectations as a Perfect Bayesian Equilibrium" @default.
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