Collaborative Research on Rational Expectations and LearningAn Experimental Analysis

理性预期与学习的协同研究实验分析

• 批准号: 9110963
• 负责人: Gerald Dwyer
• 金额: $ 4.51万
• 依托单位: Clemson University
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 1991
• 资助国家: 美国
• 起止时间: 1991-08-01 至 1994-01-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9110963&HistoricalAwards=false
• 关键词: Collaborative; Research; Rational; Expectations; LearningAn

The major purpose of this research is to examine the implications of learning for rational-expectations equilibria in markets. The setting for much of this work, experimental markets, makes it possible to clearly distinguish between the theory of the market and people's behavior in that environment. A series of experiments will be run to discriminate among different models of learning. The experiments will be set up to investigate Bayesian learning, regression learning, and learning with heuristic learning rules. The experimental market in which the data are generated is a sealed-bid market with suppliers who determine output and simulated demanders. This research is important because learning theories are central to many current issues in economic theory. in addition, this research will provide a deeper understanding about the formation of rational expectations.

本研究的主要目的是探讨 学习市场中的理性预期均衡。 的 实验性市场的设置， 可以清楚地区分市场理论 以及人们在这种环境下的行为。 一系列实验 来区分不同的学习模式。 实验将被设置为研究贝叶斯学习， 回归学习和使用启发式学习规则的学习。 生成数据的实验市场是一个 由供应商决定产量的封闭投标市场 需求者。 这项研究很重要，因为学习理论 是当前经济理论中许多问题的核心。 在 此外，这项研究将提供更深入的了解， 理性预期的形成。