Learning Foundation for the Cursed Equilibrium

Topi Miettinen

No 2008-096, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: Recent literature has questioned the existence of a learning foundation for the partially cursed equilibrium. This paper closes the gap by showing that a partially cursed equilibrium corresponds to a particular analogy-based expectation equilibrium.

Keywords: Analogy Expectations; Bounded Rationality; Curse; Learning (search for similar items in EconPapers)
JEL-codes: C72 D82 (search for similar items in EconPapers)
Date: 2008-12-20
New Economics Papers: this item is included in nep-cbe
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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2008-096

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