El papel de las expectativas en un modelo de búsqueda adaptativa

The purpose of chis paper is to find sufficient conditions under which the results of the simple search model are preserved when learning is allowed. It is shown that the properties of the simple search model are preserved with very simple assumptions. Intuitively, we need a "nonexplosive"...

Full description

Bibliographic Details
Main Author: Vatter, Jaime E.
Format: Online
Language:English
Editor: El Colegio de México, A.C. 1995
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/269
Journal:

Estudios Económicos