Matches in SemOpenAlex for { <https://semopenalex.org/work/W3125432843> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W3125432843 abstract "In this paper we investigate the possibility of sunspot equilibria to emerge from a process of learning and adaptation on agents' beliefs. To such end, we consider both …finite state Markov sunspots and sunspots in autoregressive form and derive conditions for the existence of an heterogeneous equilibrium where only a fraction of agents condition their forecasts on the sunspot: such conditions impose restrictions across primitive parameters, which are the equivalent, in a heterogeneous setting, of the resonant conditions found in the literature for homogeneous equilibria. We then show that evolutionary dynamics on predictor selection imply that such restrictions need to evolve endogenously with population shares, and argue that such requirement questions the possibility of sunspot equilibria to emerge through a process of evolution and adaptation on agents' beliefs. It follows that, in order for a sunspot equilibrium to obtain, all agents must simultaneously coordinate on using the same sunspot variable at the same time." @default.
- W3125432843 created "2021-02-01" @default.
- W3125432843 creator A5052223545 @default.
- W3125432843 date "2013-01-01" @default.
- W3125432843 modified "2023-09-27" @default.
- W3125432843 title "On the fragility of sunspot equilibria under learning and evolutionary dynamics" @default.
- W3125432843 hasPublicationYear "2013" @default.
- W3125432843 type Work @default.
- W3125432843 sameAs 3125432843 @default.
- W3125432843 citedByCount "0" @default.
- W3125432843 crossrefType "posted-content" @default.
- W3125432843 hasAuthorship W3125432843A5052223545 @default.
- W3125432843 hasConcept C105795698 @default.
- W3125432843 hasConcept C115260700 @default.
- W3125432843 hasConcept C121332964 @default.
- W3125432843 hasConcept C121864883 @default.
- W3125432843 hasConcept C144024400 @default.
- W3125432843 hasConcept C144237770 @default.
- W3125432843 hasConcept C149782125 @default.
- W3125432843 hasConcept C149923435 @default.
- W3125432843 hasConcept C154945302 @default.
- W3125432843 hasConcept C159877910 @default.
- W3125432843 hasConcept C159886148 @default.
- W3125432843 hasConcept C162324750 @default.
- W3125432843 hasConcept C171578705 @default.
- W3125432843 hasConcept C197370839 @default.
- W3125432843 hasConcept C28826006 @default.
- W3125432843 hasConcept C2908647359 @default.
- W3125432843 hasConcept C33923547 @default.
- W3125432843 hasConcept C41008148 @default.
- W3125432843 hasConcept C62520636 @default.
- W3125432843 hasConcept C81917197 @default.
- W3125432843 hasConcept C98763669 @default.
- W3125432843 hasConceptScore W3125432843C105795698 @default.
- W3125432843 hasConceptScore W3125432843C115260700 @default.
- W3125432843 hasConceptScore W3125432843C121332964 @default.
- W3125432843 hasConceptScore W3125432843C121864883 @default.
- W3125432843 hasConceptScore W3125432843C144024400 @default.
- W3125432843 hasConceptScore W3125432843C144237770 @default.
- W3125432843 hasConceptScore W3125432843C149782125 @default.
- W3125432843 hasConceptScore W3125432843C149923435 @default.
- W3125432843 hasConceptScore W3125432843C154945302 @default.
- W3125432843 hasConceptScore W3125432843C159877910 @default.
- W3125432843 hasConceptScore W3125432843C159886148 @default.
- W3125432843 hasConceptScore W3125432843C162324750 @default.
- W3125432843 hasConceptScore W3125432843C171578705 @default.
- W3125432843 hasConceptScore W3125432843C197370839 @default.
- W3125432843 hasConceptScore W3125432843C28826006 @default.
- W3125432843 hasConceptScore W3125432843C2908647359 @default.
- W3125432843 hasConceptScore W3125432843C33923547 @default.
- W3125432843 hasConceptScore W3125432843C41008148 @default.
- W3125432843 hasConceptScore W3125432843C62520636 @default.
- W3125432843 hasConceptScore W3125432843C81917197 @default.
- W3125432843 hasConceptScore W3125432843C98763669 @default.
- W3125432843 hasLocation W31254328431 @default.
- W3125432843 hasOpenAccess W3125432843 @default.
- W3125432843 hasPrimaryLocation W31254328431 @default.
- W3125432843 hasRelatedWork W1489377847 @default.
- W3125432843 hasRelatedWork W1494429610 @default.
- W3125432843 hasRelatedWork W1997710409 @default.
- W3125432843 hasRelatedWork W2034316399 @default.
- W3125432843 hasRelatedWork W2045032675 @default.
- W3125432843 hasRelatedWork W2073584429 @default.
- W3125432843 hasRelatedWork W2085540332 @default.
- W3125432843 hasRelatedWork W2152417585 @default.
- W3125432843 hasRelatedWork W2163724803 @default.
- W3125432843 hasRelatedWork W2891661638 @default.
- W3125432843 hasRelatedWork W2917198844 @default.
- W3125432843 hasRelatedWork W2970096194 @default.
- W3125432843 hasRelatedWork W3121435790 @default.
- W3125432843 hasRelatedWork W3121932808 @default.
- W3125432843 hasRelatedWork W3122478421 @default.
- W3125432843 hasRelatedWork W3124814811 @default.
- W3125432843 hasRelatedWork W3125546046 @default.
- W3125432843 hasRelatedWork W3126130058 @default.
- W3125432843 hasRelatedWork W3146451195 @default.
- W3125432843 hasRelatedWork W3181701522 @default.
- W3125432843 isParatext "false" @default.
- W3125432843 isRetracted "false" @default.
- W3125432843 magId "3125432843" @default.
- W3125432843 workType "article" @default.