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"...
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Format: | Online |
Language: | English |
Editor: |
El Colegio de México, A.C.
1995
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Online Access: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/269 |
Journal: |
Estudios Económicos |