As If or What? - Expectations and Optimization in a Simple Macroeconomic Environment
نویسندگان
چکیده
منابع مشابه
As if or what? Expectations and optimization in a simple macroeconomic environment
In this paper we report the results of a laboratory experiment, in which we observed the behavior of agents in a simple macroeconomic setting. The structure of the economy was only partially known to the players which is a realistic feature of our experiment. We investigate whether subjects manage to approach optimal behavior even if they lack important information. Furthermore, we analyze subj...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2008
ISSN: 1556-5068
DOI: 10.2139/ssrn.1240763