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Self-Fulfilling Mechanisms and Rational Expectations

Francoise Forges and Enrico Minelli

Working Papers from Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor.

Abstract: We introduce a class of communication equilibria, which we call self-fulfilling mechanisms, and show that they provide a game-theoretic foundation to rational expectations equilibria.

Keywords: EXPECTATIONS; GAMES; GAME THEORY; INFORMATION (search for similar items in EconPapers)
JEL-codes: C70 C72 D80 D82 (search for similar items in EconPapers)
Pages: 26 pages
Date: 1996
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Citations: View citations in EconPapers (1)

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Journal Article: Self-Fulfilling Mechanisms and Rational Expectations (1997) Downloads
Working Paper: Self-fulfilling mechanisms and rational expectations (1996)
Working Paper: Self-Fulfilling Mechanisms and Rational Expectations (1994) Downloads
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