Invited Paper: Learning and Belief Based Trade

Invited Paper: Learning and Belief Based Trade

We use the theory of learning in games to show that no-trade results do not require that gains from trade are common knowledge nor that play is a Nash equilibrium

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Autores principales: FUDENBERG,DREW, LEVINE,DAVID K
Lenguaje:English
Publicado: Instituto de Economía, Pontificia Universidad Católica de Chile 2005
Materias:
No-Trade Theorem
Common Knowledge
Learning
Self-Confirming Equilibria
Marginal Best Response Distribution
Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012600001
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spelling oai:scielo:S0717-682120050126000012006-03-15Invited Paper: Learning and Belief Based TradeFUDENBERG,DREWLEVINE,DAVID K No-Trade Theorem Common Knowledge Learning Self-Confirming Equilibria Marginal Best Response Distribution We use the theory of learning in games to show that no-trade results do not require that gains from trade are common knowledge nor that play is a Nash equilibriuminfo:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.42 n.126 20052005-11-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012600001en10.4067/S0717-68212005012600001
institution Scielo Chile
collection Scielo Chile
language English
topic No-Trade Theorem
Common Knowledge
Learning
Self-Confirming Equilibria
Marginal Best Response Distribution
spellingShingle No-Trade Theorem
Common Knowledge
Learning
Self-Confirming Equilibria
Marginal Best Response Distribution
FUDENBERG,DREW
LEVINE,DAVID K
Invited Paper: Learning and Belief Based Trade
description We use the theory of learning in games to show that no-trade results do not require that gains from trade are common knowledge nor that play is a Nash equilibrium
author FUDENBERG,DREW
LEVINE,DAVID K
author_facet FUDENBERG,DREW
LEVINE,DAVID K
author_sort FUDENBERG,DREW
title Invited Paper: Learning and Belief Based Trade
title_short Invited Paper: Learning and Belief Based Trade
title_full Invited Paper: Learning and Belief Based Trade
title_fullStr Invited Paper: Learning and Belief Based Trade
title_full_unstemmed Invited Paper: Learning and Belief Based Trade
title_sort invited paper: learning and belief based trade
publisher Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate 2005
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012600001
work_keys_str_mv AT fudenbergdrew invitedpaperlearningandbeliefbasedtrade
AT levinedavidk invitedpaperlearningandbeliefbasedtrade
_version_ 1718442400093831168

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