Browsing Max Weber Programme (MWP) by Subject "D83"

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Title: Sunspots and Multiplicity Author(s): HOELLE, Matthew Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: This paper proves that a multiplicity of certainty equilibria is not necessary for the existence of sunspot effects in two-period general equilibrium models with incomplete markets. Sunspot effects are present, by definition, ...
Title: Co-evolutionary Dynamics and Bayesian Interaction Games Author(s): STAUDIGL, Mathias Date: 2010 Type of Publication: Working Paper Series/Report no.: EUI MWP;2010/35 Abstract: In a Bayesian interaction game players have diverse preferences and are randomly matched according to an inhomogeneous random graph. A co-evolutionary process of networks and play gives a dynamic formalism for the joint ...
Title: Distribution-Free Learning Author(s): SCHLAG, Karl H. Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We select among rules for learning which of two actions in a stationary decision problem achieves a higher expected payoffs when payoffs realized by both actions are known in previous instances. Only a bounded set containing ...

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