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Analogy-based Expectations and the Partially Cursed Equilibrium
Working paper   Open access

Analogy-based Expectations and the Partially Cursed Equilibrium

Topi Miettinen
708
SSE/EFI Working Paper Series in Economics and Finance, 708, Stockholm School of Economics (SSE)
2008

Abstract

Analogy Expectations Bounded Rationality Curse Learning C72 D82
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.
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